TRADING/INVESTING VIEW FOR NEXT 2-3 months!!
Market will remain bearish upto 16600-16400 range… a strong support where market should come according to my understanding of technicals!!!
NIFTY IS IN FORMATION OF A BEAUTIFUL * INVERTED HEAD AND SHOULDERS PATTERN *
Time range started oct’2021 most probably till june-july 2022…. The pattern in formation can be seen at the provided image and study below! Second shoulder is being formed with the support of 16600-16400 where we can long for positions safely.. and from where market will rebound and will come in a long term bullish zone again!! With neckline resistance levels at 18000-18200-18500
* THIS IS FOR EDUCATIONAL PURPOSE ONLY *
VEDANSH SHARMA
Market will remain bearish upto 16600-16400 range… a strong support where market should come according to my understanding of technicals!!!
NIFTY IS IN FORMATION OF A BEAUTIFUL * INVERTED HEAD AND SHOULDERS PATTERN *
Time range started oct’2021 most probably till june-july 2022…. The pattern in formation can be seen at the provided image and study below! Second shoulder is being formed with the support of 16600-16400 where we can long for positions safely.. and from where market will rebound and will come in a long term bullish zone again!! With neckline resistance levels at 18000-18200-18500
* THIS IS FOR EDUCATIONAL PURPOSE ONLY *
VEDANSH SHARMA