Continuation Head & Shoulder in Nifty & Likely Follow through!

12 févr. 2022

Nifty has formed a continuation Head & Shoulder Pattern. Likely projected targets are marked on the chart

1) Target 1 is 0.618 projection of the previous swing
2) Target 2 is a measured length from head to neckline and projected downward

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind

24 févr. 2022

Note

Target 1 Achieved

24 févr. 2022

Note

Target 2 Achieved, further plan of action below

24 févr. 2022

Note