Inverted Head & Shoulder Formation in Nifty

Updated
Buy Nifty above 17863
Target 18034-18404-18664-18781
SL 17580 (stay below for at least 15 min.)

CMP @17772 April 25, 2023
Chart by CA Savita Rehlan
Note
Exit in Nifty as Nifty made a top today and also given a fake breakout
Order cancelled
as Breakout is not supported by Volume and RSI both
Trade active
Now, this is active as Nifty is sustaining above 17863 and closed also in weekly closing above this level. Closed all shorts when Nifty retest 18863 and make buy position also for the Target 19000 in May/June Month.
Head and Shoulders

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