Nifty 50 IndexUpdated Nifty: head and shoulder
1. A (reverse) head and shoulder is spotted
2. IF it breaks on the upside, buy at a pullback (confirmation)
3. Considering the daily charts , if it rejects the neckline or opens with a gap down tomorrow, sell
4. Either way wait for a confirmation
2. IF it breaks on the upside, buy at a pullback (confirmation)
3. Considering the daily charts , if it rejects the neckline or opens with a gap down tomorrow, sell
4. Either way wait for a confirmation
Trade closed: target reached
Close when it is enough, Head and shoulder targets done and it is enough! :)
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