Nifty 50 Index
Long

Nifty 50 Formed Ending Diagonal

1378
Nifty is now forming a diagonal pattern. The last leg of this diagonal is about to finish.

I’ve identified a buy zone in Nifty between 22700 and 22500. To limit potential losses, I’ve set a stop loss at 200 points.

My target price range for Nifty is between 24000 and 24200.

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