Índice Nifty 50
Corto
Actualizado

Bearish ascending wedge pattern in NIFTY 50

121
Read latest news here

Chart wise, it is fast approaching the edge of the wedge and it can either rebound from the lower channel or breaks down and heads further south. I think a stronger pull back is necessary for now.
Nota
Don't underestimate the channel. You can still make thousands of dollars if you know how to trade this pattern. Let's see what happens next.
Nota
bloomberg.com/news/articles/2020-05-10/india-reopens-economy-but-millions-of-workers-stay-home?srnd=premium-asia

if you extend the wedge pattern, you can see the price has already turn bearish on 4 May 1145 hours.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.