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infintelearningopportunity
Apr 29, 2023 8:23 AM

Nifty Study and Important Levels 

Nifty 50 IndexNSE

Description

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.
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