Hi Friends,
Nifty has been sliding down ever since it touched 9100. This is a channelized decline. It seems to be a complex correction in WXY.
Nifty has formed a Head & Shoulders Topping Pattern. Currently it is hovering around the neckline near 8000. If it sustains below 8000 we may see a further decline to 7600 and even more to 7300 in future.
Thanks & Regards,
Harsh Dixit.
Nifty has been sliding down ever since it touched 9100. This is a channelized decline. It seems to be a complex correction in WXY.
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| NIFTY - Head & Shoulder |
Thanks & Regards,
Harsh Dixit.
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