Bank Nifty Spot - 25.06.2021
The index has made a high of 35491 during the week ended 25.06.2021
there is an Inverse Head & Shoulder Formation in hourly chart
neckline @ 35300
low @ 33908
support @ 34800
one initiate a long position on retest of prices @ 34800 levels
head & shoulder formation is confirmed when the prices retest the neckline level and then performs according to the H & S formation so formed on the charts
The index has made a high of 35491 during the week ended 25.06.2021
there is an Inverse Head & Shoulder Formation in hourly chart
neckline @ 35300
low @ 33908
support @ 34800
one initiate a long position on retest of prices @ 34800 levels
head & shoulder formation is confirmed when the prices retest the neckline level and then performs according to the H & S formation so formed on the charts