nifty pharma to break the resistance zone with inverted head and shoulder can have good probability trade
As clear double bottom base formed ...Triangle breakout is clear ...channel breakout is clear......
Go long and keep for 3 days max in between can book profit.....high probability trade
Double top chart pattern with negative tail at the 2nd top almost confirms the short ........assurance comes from divergence also with different indicators....may follow
This may go down in this bearish scenario ...may follow
As on the chart you can understand......this may happen if nifty will support otherwise A Boat cannot go long against the river.....guys better understand..
Last four candles unable to effect on either positive di or negative di both of them showing nooo live......its a clear sign of heavy tussel between Bulls and Bears
any side of the pull could give a big move be cautious.....