Looks confusing but have a story to say...

The weekly charts displays inv head & shoulder marked in green, while the daily charts displays a topping h&s marked in red. Any one pattern needs to be negated. While RSI is into bullish zone, any retracement can be utilized for getting into position in the stock. While the MACD is bullish on daily as well as weekly time frames. It will be a good watch in the coming weeks.
BANKNIFTYbharatjhunjhunwalaChart PatternschartpatterntradingGODREJCPTechnical IndicatorsNIFTYprorsiTrend Analysis

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
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