Extracting Triangle in NIFTY indicating culmination of the rally
Extracting Triangle in NIFTY is nearing completion and the culimination of [leg e] of the triangle will be indicated on a move below 8806 in less amount of time consumed by the [leg e].
Downside target in that case will be the height of the pattern(difference between 9889 and 8806) i.e., 7723 in Nifty.
Downside target in that case will be the height of the pattern(difference between 9889 and 8806) i.e., 7723 in Nifty.
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.