NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES

NIFTY1!

Chart Pattern : Inverse Head and Shoulder

Key Takeaways
The inverse head-and-shoulders pattern is a common downward trend reversal indicator.
You can enter a long position when the price moves above the neck, and set a stop-loss at the low point of the right shoulder.
The height of the pattern plus the breakout price should be your target price using this indicator.

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