Nifty 50 Technical analysis on 1 Hr Time Frame
There are many bearish indication
1- Price is on life time high resistance level
2- there is a rising wedge pattern ( Bearish sign)
if price breakdown rising wedge pattern there we can see a correction.
1- Price is on life time high resistance level
2- there is a rising wedge pattern ( Bearish sign)
if price breakdown rising wedge pattern there we can see a correction.
Note
Rising wedge pattern breakdown
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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.