#nifty
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.
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.
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