Nifty - H&S pattern on DTF

NSE:NIFTY   Nifty 50 Index
Nifty - H&S pattern is being formed on DTF. If mkt tomorrow take support near 19230-19250 & form bullish candle than it may touch 19520-19550 in this week but near 19520-19550 seems major resistance and then might come down and daily close below 19223 might lead to 18180-18200 in coming months. So in any case 19223 is a crucial level for nifty. So don't hold any position below 19223 on daily closing basis..

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.