IIT-Trader

NIFTY--Head & Shoulders??

IIT-Trader Aggiornato   
NSE:NIFTY   Indice Nifty 50
The nifty index is now at Neckline...
price is clearly forms a Head and Shoulders pattern...
wait for the price to breaks the neckline and retest to go for short side continuation.
Commento:
Base low is the Support for Now....
Commento:
Now key Zone is the Neckline...keep an eye on this
Commento:
Base low also intersected with Trendline....
keep safe...
Commento:
price is now at base low...
don't go for long immediately...
when price reaches to the neckline will do long side or short again.
Commento:
If neckline failed to push the price downwards.. price will create a new ATH Again.
Commento:
If price again consolidation on topside....one more rally to the topside will observe.
targeting 22800 levels
Commento:
price is now at manipulation zone...keep safe from here.
Commento:
yesterday price broken the trendline...now it is at retest...pls wait for short side continuation...otherwise they will take the price entire upside.
Commento:
still price not touches the zone of neckline...early sellers move.wait for confirmation...
Commento:
otherwise a break above is possible...
Commento:
look for long again at 22050-22080 levels

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