Head and Shoulder in Sensex

5 בינו׳

Took support at Trend Line 4 times, If it breaks trendline a big correction upto 68k can come.

Near 68k level we have
a. H&S Target
b. 50% retracemet from Russia Ukraine war bottom
c. Weely unfilled gap

לפני 5 ימים

עסקה פעילה

As expetced sensex falls aprox 5k point.
Broke H&S neckline and taken rejetion at TrendLine.
Now Last week low is crucial support, till now speed of corretion is very slow, once last week low is broken decisively, fall can pick speed.

Support Level Pending:
75137
73417
71798
70094