alokmishra804

Nifty forming Head and sholdier pattern

NSE:NIFTY   Nifty 50 Index
The left leg starts from 21530 and topped at 22300 . The a clear retracement of 0.618 . After that the head end at 22526 and then a retracement of its head to 21710.After that the right leg starting from 21710 and its target is 22280 which is the right leg. The first target of this pattern is 21230 and the final target is 21054. Let us see what happens.
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.