Nifty Spot Chart Analysis for Tomorrow 01 Feb., 2024 For Options

πŸ“ˆ Nifty Spot Chart Levels πŸ“ˆ
πŸ“… Day Range - 292.5 Point (Front Range Trigger Point Either Side)

πŸ“Š Buy at 21629.62
🎯 Target 1 - 21906.47
🎯 Target 2 - 22018.2
βž• Add one lot at 21595.1
πŸ›‘ Buyer SL - 21550.58

πŸ“‰ Sell at 21560.58
🎯 Target 1 - 21544.94
🎯 Target 2 - 21433.2
πŸ›‘ Seller SL - 21639.62

πŸ“ˆ Pattern Identified: Inverted Head and Shoulder
The Nifty 50 chart has revealed a compelling pattern - the inverted head and shoulder, indicating a potential bullish reversal. Here's a breakdown of the analysis:

πŸ“‰ Rationale:
The inverted head and shoulder pattern is a bullish signal, often indicating a shift in market sentiment.
Targets are set based on the pattern's measured move, projecting upward potential.


Trade wisely, and may the charts be in your favor! πŸš€πŸ’Ή #Nifty #StockMarket #TradingTips
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