TradingView
anupminj7
Dec 2, 2016 12:58 PM

head and shoulder pattern NIFTY  

Nifty 50 IndexNSE

Description

If this pattern is completed
then then ..........

Comment

No Rate cut in RBI policy watch out for important levels

Comment

making right shoulder

Comment

half completed

Trade closed: stop reached

c
Comments
WaveTalks
Nice
RK19786
So Nifty can go up to 6900 level ...... great......... I now have a question about time frame.......could you please advice on time to reach 6900 level
Thank you & great work done...... perfect head and shoulder pattern detected.
yashesh200098
Very scary pic....but perfect analysis
lokesh_mfc
So, 7900 is very Important level. Important support levels for near terms are - 8050 - 7900 - 7650 - 7500.
Note :- This is last month of the year (FIIs exit from their positions).
In my view the supports level can take place before Budget 2017-2018.
anupminj7
@lokesh_mfc, you r right
but this is daily chart it took 194 days to reach the top
now 104 days left as per price date rang
More