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Nifty IT Index
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Pilihan editor
4 Agu 2022
Multiple Reversal patterns in Nifty IT !!!
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Ambil chart ini
Ambil chart ini
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As visible on charts CNXIT has given a breakout from multiple reversal patterns
which are Island Reversal, Double Bottom, Inverse Head & Shoulder.
CNXIT has formed double bottom around 26450 along with RSI divergence
and finally given its breakout at 28600.
The index fell with a gap and also reversed with a gap hence, leaving
behind an island and showing an island reversal pattern.
Along, with above two patterns, inverse head & shoulder are also visible
which further conforms to a reversal in the IT sector.
Chaser30
Ikuti
Chart Patterns
CNXIT
Double Bottom
Technical Indicators
Inverse Head and Shoulders
reversal
Trend Analysis
Chaser30
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