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abu_huraira
Dec 11, 2018 6:47 AM

Let's Meet Nifty @ 9800 Before December Ends Short

Nifty 50 IndexNSE

Description

Nifty almost formed head and shoulder pattern in weekly chart.
Nifty may take a small support near 10100 and then it will drag towards 9800 in this month.
Comments
RahulWare
What if it doesn't break neckline and breaches head at 11760 that will be case of failure in H&S pattern
abu_huraira
@RahulWare, Yes sure, it may fill all the gaps on the daily chart then and continue its downward journey with more bigger fall...
RahulWare
@abu_huraira, Sir H&S pattern success rate??
abu_huraira
@RahulWare, greater than 70% :)
RahulWare
@abu_huraira, last question any good Institution where we can seriously learn Technical analysis properly no time bound if you know any such plz tell thanks...
abu_huraira
@RahulWare, In my opinion you will not be able to learn from institutions because they will never teach you the real technical analysis... you should learn by yourself with your experience and practice...
RahulWare
@abu_huraira, okk I'm currently understanding Wycoffs volume application but still thanks for your valuable advice
abu_huraira
@RahulWare, hmm good...
AdityaArora
right shouldr nicely filling in
abu_huraira
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