NIFTY 50 IS TRYING TO FORM A BEARISH ABCD PATTERN.
THE PATTERN IS NOT YET CONFIRMED. BUT EXPECTING NIFTY TO TOUCH THE TRENDLINE TO GO HIGHER.
LET'S SEE WHAT HAPPENS.
- NIFTY ABOVE 10050 CAN BECOME BULLISH
- IF NIFTY CONTINUES THE PROPOSED PATTERN, IT CAN COME UP TO 9400 OR NEARY BY RANGE.
NEWS TO CONSIDER:
1. CHINA AND INDIA LAC TENSION
2. COVID 19 INCREASE
THE PATTERN IS NOT YET CONFIRMED. BUT EXPECTING NIFTY TO TOUCH THE TRENDLINE TO GO HIGHER.
LET'S SEE WHAT HAPPENS.
- NIFTY ABOVE 10050 CAN BECOME BULLISH
- IF NIFTY CONTINUES THE PROPOSED PATTERN, IT CAN COME UP TO 9400 OR NEARY BY RANGE.
NEWS TO CONSIDER:
1. CHINA AND INDIA LAC TENSION
2. COVID 19 INCREASE
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.