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NIFTY - A POSSIBLE BEARISH HEAD & SHOULDER

Short
Nifty 50 Index (NSE:NIFTY)  
surya89trade  
NSE:NIFTY   Nifty 50 Index
Chart Patterns
3
1
chartpattern
Explained in charts. A hourly close below Neckline required for pattern to be valid. Stop loss should be above head level of 10780 on a hourly closing basis.

Interestingly the short term bottom at 10200 , opens a possibility of bullish Head & Shoulders.
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