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Nifty : Head & Shoulder (Very Bearish Sign)
Nifty 50 Index
Short
Nifty : Head & Shoulder (Very Bearish Sign)
By maneeshaggarwal
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Updated
May 14, 2020
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May 14, 2020
A Black Friday May be seen.
A perfect Head & Shoulder Pattern is appearing.
Sell Below 8990 with stop loss 9440 with target 8800-8750
after this a small bounce back upto 9000-9070 then free fall upto 8200-8150
All this analysis fails if Nifty crosses above 9585 (high of the Right shoulder)
This is for ONLY Educational Purpose.
Before taking any trade check your risk managment and counsult your stock advisor.
.
May 14, 2020
Note
target is posted in aforesaid commentary is wrong. Actually it is 8000-8100
May 18, 2020
Trade active
Annihilation has just begin. JUST WAIT AND WATCH.
Chart Patterns
NIFTY
maneeshaggarwal
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