Nifty 50 IndexLong
Nifty Trendline Breakout & made Inverse Head & Shoulder Pattern
Updated
* Nifty breakout Resistance Trendline Which is Acting as Resistance from 27th Sep, We can see a good move in today's market after the breakout.
* Nifty seems like Inverse Head& Shoulders Pattern (Bullish) Breakout.
* Making Higher Highs & HIgher lows is an indication for Uptrend,We can see this in 15 min TF.
*If Market Sustain above 17830 levels then the market will be Trendy upto 17950 levels.
* Immediate support is 17770.
*Always Enter With good confirmation & Maintain proper Risk Reward.
**********Educational/informational purposes only. **********
>> Visit My Ideas Page for Daily Stock Analysis, Follow for Live Updates. <<
* Nifty seems like Inverse Head& Shoulders Pattern (Bullish) Breakout.
* Making Higher Highs & HIgher lows is an indication for Uptrend,We can see this in 15 min TF.
*If Market Sustain above 17830 levels then the market will be Trendy upto 17950 levels.
* Immediate support is 17770.
*Always Enter With good confirmation & Maintain proper Risk Reward.
**********Educational/informational purposes only. **********
>> Visit My Ideas Page for Daily Stock Analysis, Follow for Live Updates. <<
Trade active
Note
Took Support @17770
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