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Head & Shoulders: Pullback or Market Top?

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  • B Offline
    B Offline
    Bhaumil Makwana

    Pro User

    wrote on last edited by
    #1

    Head and Shoulders formations are developing across the Nifty Midcap 150 and Nifty Smallcap 250 indices, which may indicate some signs of distribution.

    The key question is whether this pattern develops into a normal market correction, followed by a resumption of the broader uptrend, or becomes part of a larger trend change.

    NIFTY MIDSML 400
    nifty midsmall 400.png

    NIFTY MIDCAP 150
    midcap 150.png

    NIFTY SMLCAP 250
    nifty small 250.png

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