Nifty 50 forming various negative chart pattern -
1. head and shoulder
2. Descending triangle pattern
If 17800 breaks then a downside possible in nifty
Almost 17740-17700-17647
Possible form here..
Upside bullish only above 18000
Options trader must plan their trades before entering naked entry.
This chart is only for educational purpose. Your study is more important
Do your own study before taking any trades
1. head and shoulder
2. Descending triangle pattern
If 17800 breaks then a downside possible in nifty
Almost 17740-17700-17647
Possible form here..
Upside bullish only above 18000
Options trader must plan their trades before entering naked entry.
This chart is only for educational purpose. Your study is more important
Do your own study before taking any trades