HEAD AND SHOULDER PATTERN FORMATION ON NIFTY
It appears that Nifty is forming a Head and Shoulder pattern on 1 hr time frame the pattern may get negated if the high of 18777 is broken but for now it appears that nifty is in the process of forming head and shoulder should this pattern be formed then we can see a break down in Nifty to the levels of 17950-18000 in coming days
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.