Nifty's Inverted Head and Shoulders Pattern: Buy Opportunities
Updated
Nifty has formed an inverted head and shoulders pattern and is already in an uptrend. This setup presents two buying opportunities: you can enter again at the support level of 24,585 with minimal risk, or you may choose to wait for a breakout above 24,697. If it crosses this level, there is a high chance it will reach 24,850, potentially yielding over 150 points. I expect this target to be achieved in the coming days.
Trade active
opened below support of 24,540 level as well as head level also broken and went 300+ points
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