Hello friends I am sharing the hourly time frame chart of Nifty Finance and it seems that is trading in a Symmetrical Triangle pattern nowadays with taking a resistance on upper line of triangle and support from the lower line of triangle now it gives a Breakout from upper trendline resistance of the triangle so we can make a long in it for the targets of 19000 AND 19250 levels
TARGET 2-:
STOP LOSS-: Close below resistance trendline on same time frame chart
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
TARGET 2-:
STOP LOSS-: Close below resistance trendline on same time frame chart
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
Trade active
PRICE TAKE SUPPORT ON TRIANGLE TRENDLINE WHICH EARLIER WAS RESISTANCE BREAK YESTERDAY'S HIGH TOONote
TARGET ONE ACHIVED BY TODAY'S HIGH, WAS A RESISTANCE BASED TARGET DID NOT CROSSED TODAY IN ONE ATTEMPTTrade closed: target reached
TARGET ONE ACHIVED BY TODAY'S HIGH, WAS A RESISTANCE BASED TARGET DID NOT CROSSED TODAY IN ONE ATTEMPTNote
Trade closed: target reached
TARGET TWO ALSO ACHIVED TODAY
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.