Nifty had completed H&S pattern
20 Dema crossing below 50 Dema confirming sell signal.
0.236 Fibonacci support contracts with shoulder line and support resistance line
Conclusion
If nifty break below support and shoulder line I.e 19180 then 0.386 fibonacci levels can be achived.
Sell below 19180 for 18700 trgt.
20 Dema crossing below 50 Dema confirming sell signal.
0.236 Fibonacci support contracts with shoulder line and support resistance line
Conclusion
If nifty break below support and shoulder line I.e 19180 then 0.386 fibonacci levels can be achived.
Sell below 19180 for 18700 trgt.
