Looks like Nifty has formed a Diamond pattern and the targets for Upward break and downward break are mentioned on the chart.
This is for educational purpose only.
Falling wedge pattern has been broken by a strong bullish candle in Axis bank in 30 mins TF.
Wait for Re-test and buy between 720 - 722 and Target price is as mentioned on the chart.
This is my view and for educational purpose only.
Nifty is approaching 50% FIB Retracement on weekly timeframe.
Going long if it breaks 17121 and sustains with 15 mins timeframe.
This is for educational purpose only
Bullish Symmetrical Triangle has been formed and the range for Upward movement is 17000 and if the trend is downward, then the rally may extend upto 16200.
This post is for educational purpose only.
Happy to take comments and feedback.
A bullish XABCD Pattern has been formed on Nifty along with Oversold region in RSI. Looks like a reversal is on its way.
Happy for feedback or comments.
This is for Educational Purpose only.
