NIFTY - Inverted Head & Shoulder is making...
NIFTY (7750) Posted on 03rd June 2015 and said " Down side support 8000-7950 trade and stays below that ULTIMATE DOWN SIDE TARGET 6950--6800" the said Target of 6950-6800 met not one time but two times in Feb 2016 and after that 1166 points rally happened and time being topped out at 7992 in April 2016 ( that was the previous support 8000-7950, now it became resistance) and now correction is going on *** Now what next ? See the below chart with our marking Inverted Head & Shoulder is making.... Already full neckline formed around 8000 Right Shoulder completed around 7500 Head completed around 6800 Now once it comes around 7600--7500 then the Left shoulder going to be complete after that, can expect , going to retest the neckline of around 8000 after making small correction of 100 to 200 points Breako...