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JMvalueinvest

Nifty - making bullish Head & Shoulder, 350 points upside

Long
Nifty 50 Index (NSE:NIFTY)  
JMvalueinvest Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Harmonic Patterns
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trendanalysis harmonicpatterns
Nifty is forming bullish/ inverted HEAD & SHOULDER pattern on hourly charts, which would be confirmed on move above 11560, which would provide 350 points upside or a target of 11,900.

One can buy Nifty in the range of 11540-575 for a 350 points upside. SL below 11,400.
Comment:
Breakout confirmed, 11,900 is coming soon
Trade closed: stop reached:
exited as SL reached
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