Nifty 50 and sgx for price action
1.this price rance had a two different head &shoulder pattern.
2.first one (blue) inverse h&s incomplete lvl.
3.2nd one(red) break down lvl
just see what is the matter of fact your opinion
dont take serious ,use for reference only
price range guess or expecting lvl
1) 17300-16500-16200
2) 17300-15200 break down lvl or not...
Nifty played very well as predicted.
Next move:- If it gives one more push up to 14,545.50, take a swing short till 13,787.60. Then from 13,787.60, take a swing long till 15,446. Trail your stop loss during the drop and rally.
Nifty 50 played very well as predicted last week, lets see how the market behaves tomorrow. High probability that it will fall till 13,787 and shoot up to take out 15,446. Use a trailing stop loss.
