Head and Shoulder pattern in NIFTY - July Expiry crucial levels
NIFTY is making a head and shoulder pattern in 15 min TF.
Scenario 1: If it breaks and sustains the neckline and 16558 level, possible targets on lower side would be 16517, 16483 and the gap can also be filled after that.
Scenario 2: If NIFTY bounces back from the neckline making a hammer in 15 min, possible targets on upper side would be 16707, 16752 and 16800.
Learn & Earn,
Dr. Tanya Kumar
Scenario 1: If it breaks and sustains the neckline and 16558 level, possible targets on lower side would be 16517, 16483 and the gap can also be filled after that.
Scenario 2: If NIFTY bounces back from the neckline making a hammer in 15 min, possible targets on upper side would be 16707, 16752 and 16800.
Learn & Earn,
Dr. Tanya Kumar
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TG channel t.me/priceactionchart
My TG ID @tanya151181
Course details:
tinyurl.com/PAC2COURSE
All Ideas posted by me are for Educational Purpose.