TataSteel - Head & Shoulder Pattern

24 Jan 2022

Once Neckline is broken, H & S bookish target is the vertical distance from head top to the neckline & projected below. Thanks

25 Jan 2022

Nota

9:28 Hrs / 25th Jan 2022

Good Morning!

Intra Market Divergence between Nifty & Bank Nifty Holds the market. Selling confirmation for stock comes only below neckline.

Till then we cannot sell. Thanks

25 Jan 2022

Nota

10:51 Hrs / 25th Jan 2022

Nifty Index Update.

Last Price @ 17020

Index has bounced more than 250 points from bottoms of 16840 & moved to 17200 approx.
Seems to be an impulsive move & can continue for another high above 17200

25 Jan 2022

Nota

1:50 Hrs / 25th Jan 2022

Nifty Index Update

Last @ 17195

Heading close to 17200 Target as suggested hours back from the bottoms of 17020 approx. Be Careful At Tops of 17200.

Thanks & Good Bye