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supremechart
10. Apr. 2020 06:33

Clear Inverse head and shoulders. Can see 9300  Long

Nifty 50 IndexNSE

Beschreibung

Inverse head and shoulders On Nifty.
We might see nifty at 9300 and then a clear fall. To 8500

Trade geschlossen: Ziel wurde erreicht

Perfectly touched to 9300 In candlestick chart
Kommentare
sumedhspl
I am in learning mode try to identify the patterns. But here I would like to know mistake I am doing. As far as line chart formed and explained by Traingles I can see but when i try to make it out i am not able to.
sumedhspl
Hi Hrishikesh Can you please explain formation of inverted Head & Shoulders on Candles.

I am not able make that out. I tried to see but not catching it out.

Seen on weekely and monthly .
hrishikesh1212
9391 being the 38.2% retracement level
hrishikesh1212
Dow jones and S&P500 retraced 50%, so dont you think our NIFTY would follow global moves?
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