This is the detailed analysis of sgx nifty 50 which has similar chart and pattern as NIFTY50 index.
* Pattern Name- Inverse Cup and Handle Pattern.
* Inverse Cup and Handle pattern is a bearish pattern.
* Generally the height or length of the cup is the target and the top of the cup's candle is the Stop loss area.
Level 14000 is a good investment area for long term investors.
Thank you.
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* Pattern Name- Inverse Cup and Handle Pattern.
* Inverse Cup and Handle pattern is a bearish pattern.
* Generally the height or length of the cup is the target and the top of the cup's candle is the Stop loss area.
Level 14000 is a good investment area for long term investors.
Thank you.
Follow for more...