Possible Reverse HNS on Nifty - May go down to 9000 levels.

A probable reverse HNS formed in NIFTY. May go down to 9000 levels. If close 9650 Levels on Monday, the pattern will be void

1. Market tested 9600 levels and reveresed three times in the recent past. Check those down arrows.

2. Two horizontal lines indicated near term reistance

3. Finally look at the reverse HNS pattern.


THIS IS NOT A STOCK RECOMMENDATION. DO YOUR RESEARCH BEFORE TAKING ANY POSITIONS.
Chart PatternsTechnical IndicatorsTrend Analysis

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