Tagged: H&S Nifty
- 29th July 2019 at 12:32 pm #180573
- 29th July 2019 at 12:38 pm #180575
I don’t know if the volumes are correct on the chart, but it seems the formation is on extremely low volumes so may not be reliable.
Plus there is +ve divergence on ROC
- 29th July 2019 at 1:52 pm #180586
Ashish Kyal, CMT
The Left shoulder has to be below the Head which is not in this case.
- 29th July 2019 at 2:33 pm #180592
OK, and the trendline is also broken