Potential inverse head & shoulders pattern developing on Nifty 50. The trade can be initiated upon the break of the neckline with a target of All Time Highs.
Entry: Hourly close above 2940 SL: Hourly close below 2860 Target - 1: 3060 Target - 2: 3160
Ideal Entry: Retest of 39,400 - 39,500 level. Stop Loss: 38,500 Target - 1: 40,700 Target - 2: 42,300.
