Wealthcam

NIFTY also getting ready for strong UPMOVE..?

Long
NSE:NIFTY   Nifty 50 Index
As we can see more like an inverteed head and shoulders pattern in NIFTY which is more of a REVERSAL pattern and that too it has been formed around DEMAND ZONE which was around 18600 and also it closed near the trendline RESISTANCE which increases the chances of NIFTY for breaking out of this more like inverted head and shoulders pattern for a upmove of 100++ points so keep watching everyone

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.