Well, I broke My vow bcos of the Nifty pattern formation. I wanted to share with you guys as it will help you whats in Nifty for today to get better understanding, so I broke My vow & posting back !
We have very simple descending triangle in Nifty and whichever side it breaks out is our entry direction. Usually this triangle breaks to downside but lets see what happens now. Any direction breakout we are entering and you should be quick to reverse on false breakouts.
Happy Trading !
We have very simple descending triangle in Nifty and whichever side it breaks out is our entry direction. Usually this triangle breaks to downside but lets see what happens now. Any direction breakout we are entering and you should be quick to reverse on false breakouts.
Happy Trading !
Note
Half of the day gone within 50 points range !Note
Game On !Note
Pls Not a false breakout,Do us a favor Nifty !Note
There it goes as false breakoutRelated publications
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Related publications
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.