Nifty 50 IndexLong
NIFTY 50 - Inverted Head & Shoulders Pattern
Inverted Head and Shoulder pattern breakout point appears to be 11585.
A sustained breakout above it, may target 11985 zone.
Resistance is at 11665 which is the 0.786 retracement of the recent fall from 11794.
Immediate support is in the 11430-11465 zone.
A sustained breakout above it, may target 11985 zone.
Resistance is at 11665 which is the 0.786 retracement of the recent fall from 11794.
Immediate support is in the 11430-11465 zone.
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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.