Get started
keshevdugar

MULTIPLE REVERSAL PATTERNS IN NIFTY 50

Short
Nifty 50 Index (NSE:NIFTY)  
keshevdugar  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Technical Indicators Fundamental Analysis NIFTY nifty50 Bearish Patterns Bearish Engulfing NIFTY1! niftytrend niftyanalysis
12
4
trendanalysis indicator fundamental nifty nifty50 bearish bearishengulfing nifty1! niftytrend niftyanalysis
LONG TERM BULLISH STRUCTURE OF NIFTY 50 IS INTACT.
In Short Term we might see some pullback due to 2 reversal patterns and also formation of head and shoulders
Support levels have been discussed in the chart.
Reasons for pullback
1.Weak global cues
2.Rising crude prices
3.Bearish engulfing pattern
4.Island reversal pattern
5.Formation of H&S
6.Multiple rejections from 17800 levels
FOLLOW me for more such content ahead.Do hit the like button if you gained something from the post
Till then,
HAPPY TRADING :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.