NIFTY on 1 hr chart first from inverted head and shoulder and after the breakout of neckline reaches the 18100.
now from the chart, we can easily see it see in the process of formation of head and shoulder patterns in the same time frame.
if the market opens near 17900 then we might see selling pressure on nifty for the day.
all other levels are marked on the chart do check it.
if you find this useful to use kindly like and share please it gives me a boost to post more analyses and charts.
#tradewithaj
now from the chart, we can easily see it see in the process of formation of head and shoulder patterns in the same time frame.
if the market opens near 17900 then we might see selling pressure on nifty for the day.
all other levels are marked on the chart do check it.
if you find this useful to use kindly like and share please it gives me a boost to post more analyses and charts.
#tradewithaj
