Very interesting Nifty daily chart here -
- Nifty is making a broadening Tringle pattern and now at the support (base) area.
- Bounced back from 200EMA as it makes support, which is very very strong support.
- If it further fail and can not hold then it could be dangerous.
Note
Nifty has moved faster than expected
Sujit Kumar Bala
We Learn Investing
We Learn Investing
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Sujit Kumar Bala
We Learn Investing
We Learn Investing
Related publications
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.