Continuation Head & Shoulder in Nifty & Likely Follow through!

12 Feb 2022

Nifty has formed a continuation Head & Shoulder Pattern. Likely projected targets are marked on the chart

1) Target 1 is 0.618 projection of the previous swing
2) Target 2 is a measured length from head to neckline and projected downward

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind

24 Feb 2022

Catatan

Target 1 Achieved

24 Feb 2022

Catatan

Target 2 Achieved, further plan of action below

24 Feb 2022

Catatan