NIFTY INDEX HOURLY ANALYSIS FOR SHORT SELLING

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NIFTY INDEX HOURLY LOOKS LIKE
its a head n shoulder pattern

so can initiate short sell if hourly closing below 16900

stoploss with recent shoulder of 17100 if hourly closing above

and target for 16620
Uwaga
if current hourly candle is close near 16900 than our entry for short is confirm
Uwaga
NOT any hourly closing below 16900 so we don't have entry in short position
Chart PatternsTechnical IndicatorsTrend Analysis

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