NIFTY50 - H&S PATTERN - WEEKLY CHART
Nifty broke its old November 2024 low - 23200. It seems to be making H&S pattern.
OI data is bearish. There is probability of market going down more. Now 23200-300 may act as Resistance.
If you like my analysis, please follow me as a token of appreciation :)
in.tradingview.com/u/SatpalS/
For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
OI data is bearish. There is probability of market going down more. Now 23200-300 may act as Resistance.
If you like my analysis, please follow me as a token of appreciation :)
in.tradingview.com/u/SatpalS/
For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
Catatan
Nifty is taking support at the Trendline, if it closes making a Hammer at weekly chart tomorrow then there will be probability of a bounce from here.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.