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NIFTY - UPCOMING FINAL "DIRECTIONAL BREAKOUT"

By NeeteshJain
Updated
It is been observed that the markets are consolidating for more than a week and now it has formed and completed an ascending triangle pattern formation and once breakout confirms on either side of the formation then it shall provide a good directional move in the market.

Key Levels: Support 9910 Resistance 9965 (55 points range)
Note
Currently, Markets consolidating, It is wise to not take any new trades until further direction is confirmed. Thanks
Note
Nifty continues to be range bound as both key support and resistance levels still intact. Thanks.
Note
Another way to look at on daily chart,

snapshot

Levels 9910 & 9960

Thanks
Ascending TriangleChart PatternsmarketsNIFTY
NeeteshJain

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