InsiderB
Short

Nifty : Head & Shoulders Pattern...When to Enter ??

NSE:NIFTY   NIFTY 50
Hi All,
We got head and shoulders pattern in Nifty             15mins chart and the right shoulder is yet to get completed. If we get bearish confirmation around right shoulder we can short Nifty             and trail our stops till the neckline and if neckline gets broken we are in for treat today. But today being expiry day and GST             Bill inching closer to get final nod, we should be wary of our shorting position with strict stops. We do have left shoulder as resistance on other side..Lets see how this pans out today..

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Happy Trading !!

*** With Great Power, there comes Great Responsibility ***
InsiderB
4 months ago
Being expiry day, we have slow movement , I expect some action during closing time
Reply
InsiderB
4 months ago
Not expecting more than 20-30pts move from now...Expiry day almost over...
Reply
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