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Head And Shoulder

Short
Nifty 50 Index (NSE:NIFTY)  
ShenoyViews Updated   
NSE:NIFTY   Nifty 50 Index
Head and Shoulders Fibonacci Candlestick Analysis
2
0
headandshoulders fibonacci candlestick
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
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Comment:
The setup is active
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