NIFTY 50! as on 12/20/2021
Formed a head and shoulder pattern in one day time frame and was in a uptrend and gave a perfect breakout with retesting the levels and came back to fill the past gap up opening!
Came back to its major support of 16380-16388!
Made a weak bearish candle!
Kind of hammer a chance of making a pullback and form a new lower high!
And if breaks the major support higher probability of its lower support levels!
Perfect support of 200 EMA!
Hoping for a great pullback and a bullish market in Jan 2022!
Came back to its major support of 16380-16388!
Made a weak bearish candle!
Kind of hammer a chance of making a pullback and form a new lower high!
And if breaks the major support higher probability of its lower support levels!
Perfect support of 200 EMA!
Hoping for a great pullback and a bullish market in Jan 2022!
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