Nifty - NO HEAD & SHOULDERS
Updated
🚨This is my outlook on #Nifty.
🎯No Head and Shoulders pattern for me.
🎯 We have just now reached the EMA21. That is routine, Nothing unusual.
🎯 We are at a support line now. Will it hold? Let's watch
🎯 24,000 is an ultimatum support which IMO should hold. But again time will tell.
🎯 You can now access our structured charts for all Nifty 500 companies. Check the signature column below for more info.
🎯The index is down just 7% from its ATH even after a 90,000 Cr withdrawal by FIIs this month.
🎯 A pullback is crucial for the price cycle
🎯 I will start getting a bit worried if we breach the 24000 mark with a strong candle.
⚠️ That's just my outlook. need not be yours.
Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. All investments carry risk, and it’s important to conduct your own research or consult with a certified financial advisor before making any investment decisions. I do not provide buy, sell, or hold recommendations. Past performance is not indicative of future results.
🎯No Head and Shoulders pattern for me.
🎯 We have just now reached the EMA21. That is routine, Nothing unusual.
🎯 We are at a support line now. Will it hold? Let's watch
🎯 24,000 is an ultimatum support which IMO should hold. But again time will tell.
🎯 You can now access our structured charts for all Nifty 500 companies. Check the signature column below for more info.
🎯The index is down just 7% from its ATH even after a 90,000 Cr withdrawal by FIIs this month.
🎯 A pullback is crucial for the price cycle
🎯 I will start getting a bit worried if we breach the 24000 mark with a strong candle.
⚠️ That's just my outlook. need not be yours.
Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. All investments carry risk, and it’s important to conduct your own research or consult with a certified financial advisor before making any investment decisions. I do not provide buy, sell, or hold recommendations. Past performance is not indicative of future results.
Note
This is why it is crucial to know your precise supports.
Note
precise bounceback...
Trade active
Not all bounces are bullish. Nifty will turn bullish when we get a proper close above the recent breakdown zone. Until the, We expect something like this. What do you think?
Note
🎯 You can now access our personal charts for all Nifty 500 companies📈
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
Disclaimer
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