PriceAct-fugazitrader

Head and Shoulder pattern is forming in #Banknifty

Short
NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY

this would be a low probability trade because 35000 and 34692 acts as a strong support...

Sell @ 35000
Stop loss - above 35350
Target - 34000


DISCLAIMER : This is just for educational purpose....
Comment:
No trade as the price didnt give a close below 35000...
we can avoid this kind of pattern
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.