Tringle pattern on Nifty 50

Entry level : Tringle pattern formation can be seen on nifty 50 chart 60 minutes time frame. this week might not have breakout and if does price need closed or sustained above 17850.
Target1:-18000
Target2:-18185
Stop Loss:-17675

Kommentar:

Do not fall for this Break wait and closed should be above 17850 and
Target 3:18250

Trade ist aktiv:

Ride on this trade

Kommentar:

This week might touch 1st Target

Kommentar:

For tomorrow Nifty may take a correction again near 17754-17715 level if does buy more with Stop 17675, and heavy resistance near 200SMA which is 17900 for now. If somehow break and closed above Nifty only take halt near 18285 level.

Trade geschlossen: Ziel wurde erreicht:

Target 1 Reached next week might touch 18200 level