Head And Shoulder

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NIFTY continues to be weak @19380
  • Formation of Head and shoulder pattern

  • Formation of grave stone doji 11:00am 15m candle, with good volume

15 min candle should give closing below 19376 to enter a put trade
stoploss would be high of the 11:00 doji
1st target day low
2nd target yesterdays day low
For more update and analysis follow
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Note
The setup is active
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Candlestick AnalysisFibonacciHead and Shoulders

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