Nifty Forming a bullish Head n Shoulder in Daily time frame, But the market sentiment Bearish.
It has a depth to come low near 10640, which i personally feel it wont.
Nifty may come to 10750-30 and may start go upwards.
Probably there will be a gap up tomorrow around 10800 to 820, then it will come down to 10750-30 and sharp up side move according to me.
So what should be the strategy for 4th Sep Intraday?
We should try to see higher high and higher low in 5 mins time frame near 10750,10810,10860,10930 while reversing from 10730.
And follow the strict rule posted in my previous posts that's it.
To understand the 5 min trick you can see my previous post attached image.
sell below 10630 target 10590,10560
Cheers!!