Too soon to comment but is Nifty forming an inverted head and shoulder on a daily chart?
There is significant down trend.
Then there is a shoulder and Head already formed.
Let's see how it pans out in the coming days.
Note: Do not exit your portfolio stocks just because there is a shooting star candle seen on a daily chart.
There are always different ways to...
A free fall in Nifty took a trendline support today. Let's see if it holds this level (Todays low).
If it does, it is good time to add some NiftyBees to your portfolio.
Can we call it a trendline re-test? We have seen a trendline breakout in last year.
