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Nifty 50 Index
Short

Head And Shoulder

By ShenoyViews
Updated
NIFTY continues to be weak @19380
  • Formation of Head and shoulder pattern

  • Formation of grave stone doji 11:00am 15m candle, with good volume

15 min candle should give closing below 19376 to enter a put trade
stoploss would be high of the 11:00 doji
1st target day low
2nd target yesterdays day low
For more update and analysis follow
Thank you

Note
The setup is active
Thank you
Candlestick AnalysisFibonacciHead and Shoulders
ShenoyViews

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