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TradZoo
30 de Jun. de 2020 7:57
Nifty possible Head and shoulder pattern breakout
Largo
NSE:NIFTY
15
Nifty 50 Index
NSE
Descripción
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30 de Jun. de 2020 7:57
Nifty Possible 100-150 points movement above 10400 level. We will see the target of 10550 today or till end of this expiry.
Disclaimer: This is my personal view you can trade according to your own risk.
Trend Analysis
Chart Patterns
Head and Shoulders
nifty50
NIFTY
Technical Analysis
Comentarios
blitz1989
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30 de Jun. de 2020 18:22
H&S is a reversal pattern and looking at your time frame, nifty was not in a downtrend.
For the last many weeks nifty is in an uptrend so reverse h&s is not valid in such a scenario. If it was normal h&s it would have been right.
BEWKOOF_TRADES
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30 de Jun. de 2020 10:34
A H&S pattern is valid if it form after a upward or downward trend. its in consolidation phase, so technically it shouldnt work.
shubam
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30 de Jun. de 2020 8:04
Stop loss for intraday?
TradZoo
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30 de Jun. de 2020 8:09
@shubam
, @10350 is Intraday stop loss.
Nirmal7086
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1 de Jul. de 2020 3:37
@shubam
, Support and Resistence level for 2 JUL,2020. Its been great chart analysis.. Keep it !!
Más
For the last many weeks nifty is in an uptrend so reverse h&s is not valid in such a scenario. If it was normal h&s it would have been right.