Nothing much has changed yet to turn the tide from Bearish to Bullish ( previous post here )
The H&S pattern and the LH, LL scenario still holds good, that will change breaching the Red line and staying above it.
Charts below
Thursday, 25 June 2015
Monday, 8 June 2015
PNB – Jun 07
Liking the positional setup here … SL/Target (always) based on Risk/Reward appetite.
Charts below …
NSE NIFTY – Jun 07
After break and re-test of the rising wedge, NIFTY is approaching the Neckline (NL) of the Head & Shoulder (H&S) formation (on weekly chart). LL-LH on the charts, Bearish scenario till the pattern/s fails…
Trade Safely, Invest Wisely :)
Charts below …
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