Nifty Study and Important Levels
Nifty on Daily TF formed Inverse Head & Shoulder, breakout of which happened on 27th April '23. the expected target for the pattern is the Pink Line (987 points from the neckline). One can figure out 3 patterns
1. Inverse H S
2. Cup and Handle
3. Bull Pole and Flag Pattern.
On the upside journey, green lines ae the major resistances.
1. Inverse H S
2. Cup and Handle
3. Bull Pole and Flag Pattern.
On the upside journey, green lines ae the major resistances.
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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.