Bearish Pennant Formation in Nifty Daily Chart
Updated
If you carefully Observe. Bearish pennant (Flag and Pole) is being formed inverted which indicates weakness ahead. Confirmation Required and Target will be updated after confirmation.
This is follow up analysis on Nifty.
This is follow up analysis on Nifty.
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Excellent Trade already given Handsome profits. Nifty 11900 PUT given 200% returns.
21 to 63.
Nifty will now Hopefully respect the Lower trendline (Pennant). if this is confirmed then next target will be very lower than the current price.
Trade active
10900 PUT from 21 TO 100 :DTrade active
11000 TO 10804Comment
Bearish Pennant Final ConfirmationTrade active
11000 to 10700.. 300 POINT FALL AS TOLD... :D10900 PUT 21 TO 200 :D.. WHAT ELSE DO YOU NEED GUYS..
NOTHING CAN BEAT A GENUINE TECHNICAL ANALYSIS :D
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