dromdeshmukh77

dromdeshmukh77

Russel after breakdown, retested the breakout zone. It's important to c whether it will come back in channel or not?

dromdeshmukh77

Looks like #Darvas box breakout in gold. It was trading in ver narrow range since long time. Fresh close above the Box & follow up buying will confirm the breakout.

dromdeshmukh77

Nifty day chart. NF trading at very crucial level. Break & close below 16800/16750 zone may cause further weakness. Decisive break is what we needed to say that head & shoulder pattern is activated. Another possibility to keep in mind is failure of h&s pattern which will lead to sharp reversal. Confirmation only if we get closing above 17800 on day chart.