SGX NIFTY- Above 18k Inverted H&S Breakout!
Attached: SGX NIFTY Daily Live Market Chart as of 27th April 2023
Price has put in a Clean Inverted Head & Shoulders Breakout signaling further Upside from here and BULLs in the Driver Seat!
I have used Fib Extension Ratios of
3= 1
3= 1.272
3= 1.618
to get Upside Targets for this Rally
The Inverted Head & Shoulder Measured Pattern Target comes at Target 2 in the Chart which is approx. 18950
On a Further Note, Price has also cleared all the Overhead Supply in the form of Anchored VWAPs and so the Path is Clear for SGX NIFTY to rocket upwards!
Stop Loss/ View Invalidates below 17600
Price has put in a Clean Inverted Head & Shoulders Breakout signaling further Upside from here and BULLs in the Driver Seat!
I have used Fib Extension Ratios of
3= 1
3= 1.272
3= 1.618
to get Upside Targets for this Rally
The Inverted Head & Shoulder Measured Pattern Target comes at Target 2 in the Chart which is approx. 18950
On a Further Note, Price has also cleared all the Overhead Supply in the form of Anchored VWAPs and so the Path is Clear for SGX NIFTY to rocket upwards!
Stop Loss/ View Invalidates below 17600
Siddharth Bhansali
✔️Twitter Handle @T_Harth
✔️Twitter Handle @T_Harth
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.