Banknifty Rising Wedge Pattern 9 Bars to Go for HH3 5th Dec 2022
Updated
Banknifty Rising Wedge Pattern 9 Bars to Go for HH3 5th Dec 2022
This is a scale triangle,
1st triangle 21 bars >> 2nd triangle 17 bars >> 3rd triangle 13 bars >>
so after measure at this point only 9 bars to go to make its Higher High 3 and the hight may be green or yellow colour as per (1st or 2nd) Triangle Hight
Another key point its closing with Green candle.
As per Rising Wedge Pattern rules its makes at least 3 Higher High and 3 Higher Low .
It is predicted that only at 10-11 am on 5th dec 2022 it should/may be make its Higher High 3 and break all two High.
Already I told you that bank nifty must play at Higher Low 3 zone and Its played today.
Further
Anything can be happened in the stock market, it will depend uopn the Global markets position and other news which directly and indirectly impact on our Indian economy.
Please be aware before taking a swing trade/option trade.
Don't faith blindly on others Take your own decision and make proper plan before taken a trade.
SL is just like a helmet which protect our capital from big loss.
Thanking You
This is a scale triangle,
1st triangle 21 bars >> 2nd triangle 17 bars >> 3rd triangle 13 bars >>
so after measure at this point only 9 bars to go to make its Higher High 3 and the hight may be green or yellow colour as per (1st or 2nd) Triangle Hight
Another key point its closing with Green candle.
As per Rising Wedge Pattern rules its makes at least 3 Higher High and 3 Higher Low .
It is predicted that only at 10-11 am on 5th dec 2022 it should/may be make its Higher High 3 and break all two High.
Already I told you that bank nifty must play at Higher Low 3 zone and Its played today.
Further
Anything can be happened in the stock market, it will depend uopn the Global markets position and other news which directly and indirectly impact on our Indian economy.
Please be aware before taking a swing trade/option trade.
Don't faith blindly on others Take your own decision and make proper plan before taken a trade.
SL is just like a helmet which protect our capital from big loss.
Thanking You
Note
Predicted 4th triangle high will make in 9 Bars
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