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Nifty 50 IndexUpdated

NIFTY--Inverse H&S Pattern

I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
They serve as key reference points for technical analysis
Note
Opens exactly near neckline...neckline is strong...
Look for buy at right shoulder or on break of neckline and retest...
snapshot
Note
If price comes back to neckline and consolidation happens again bullish...until wait
Note
No long ..chance of continuation careful
IIT-Trader
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niftylevelsniftyoutlookniftypredictionniftysetupniftytradesetupniftytrendSupply and DemandSupport and ResistanceTrend Analysis
IIT-Trader
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Also on:

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