NIFTY..triangle.

NIFTY still is in a triangle on daily charts.
but todays move is highly bearish . started with a gap down and never filled the gap.
had a trending bearish move today..
wait for traingle to break for fresh shorts, for target of 11600

Kommentar:

gapped down below triangle..not good..
nifty at 200 dma.. considering the weakness i am expecting lower levels, whether after a bounce or not, time will tell

Trade geschlossen: Ziel wurde erreicht:

11600 reached

Kommentar:

what a fall breaking the triangle and now gapped down below 200 dma, with heavy selling