Member's Post – Inverted head and shoulder Nifty (India)
Posted By Orpheus On February 28, 2010 @ 12:40 PM In News,Reader's contributions | 3 Comments
In the current scenario Nifty is forming an inverse H&S near the support of 200-SMA, which means that if Nifty manages to hold the recent low of 4675 and breaks above the neckline valued at 4930, a rally of 1000 odd points in Nifty from thereon within a quarter or two will not surprise me.
[1]
Dharmesh Patel
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