maneeshaggarwal

Nifty : Head & Shoulder (Very Bearish Sign)

Short
maneeshaggarwal Updated   
NSE:NIFTY   Nifty 50 Index
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.
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Comment:
target is posted in aforesaid commentary is wrong. Actually it is 8000-8100
Trade active:
Annihilation has just begin. JUST WAIT AND WATCH.

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