A wek Nifty
1) Formation of Head & Shoulder with
higher Volumes on the left Shoulder
2) Bearish Cross Over on the MACD
on 22 nd Oct & on 15th Nov on the Weekly
3) Break of Weekly Secular Trend Line
80% Chance the breakaway Gap will not be filled for another 150 days ( Soruce Enencyclopedia of charts Patterns by thomas bulkowski)
higher Volumes on the left Shoulder
2) Bearish Cross Over on the MACD
on 22 nd Oct & on 15th Nov on the Weekly
3) Break of Weekly Secular Trend Line
80% Chance the breakaway Gap will not be filled for another 150 days ( Soruce Enencyclopedia of charts Patterns by thomas bulkowski)
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