NIFTY INDEX HOURLY ANALYSIS FOR SHORT SELLING

NIFTY INDEX HOURLY LOOKS LIKE
its a head n shoulder pattern

so can initiate short sell if hourly closing below 16900

stoploss with recent shoulder of 17100 if hourly closing above

and target for 16620

Comment:

if current hourly candle is close near 16900 than our entry for short is confirm

Comment:

NOT any hourly closing below 16900 so we don't have entry in short position