Nifty
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Nifty is on the verge of neckline breakout on Inverted Head and Shoulder (H&S). The breakout level at neckline is also the bearish gap. The rise in volumes at head and shoulders supports the pattern. Nifty is also forming higher high and higher lows.
A close above 5200 can take index towards 5600 mark.
Nifty is on the verge of neckline breakout on Inverted Head and Shoulder (H&S). The breakout level at neckline is also the bearish gap. The rise in volumes at head and shoulders supports the pattern. Nifty is also forming higher high and higher lows.A close above 5200 can take index towards 5600 mark.
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