Falling Broadening Wedge Pattern In NIFTY
On Daily Timeframe, NIFTY trading in falling broadening wedge pattern. Currently it's trading in downtrend direction and this downside can expected upto near 15000 level or downside support level. At this location investor or short term trader can look for buying side positions on reversal confirmation. For long side investors can wait either bottom support level or breakout of upside resistance level.
Disclaimer: Consider this post as an education purpose only. All mentioned levels and assumptions based on historical movements. Before taking any position don't forget to consult with your financial advisor.
Disclaimer: Consider this post as an education purpose only. All mentioned levels and assumptions based on historical movements. Before taking any position don't forget to consult with your financial advisor.
Visit: bit.ly/tradzoopage
Join Us on Telegram For Regular Updates=>
t.me/tradzooIndex
Download TradZoo Android App => bit.ly/TradZooApp
Download TradZoo App For iOS =>
bit.ly/TradZoo-iOS-App
Join Us on Telegram For Regular Updates=>
t.me/tradzooIndex
Download TradZoo Android App => bit.ly/TradZooApp
Download TradZoo App For iOS =>
bit.ly/TradZoo-iOS-App
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.