SGX Nifty A Possible downtrend Started I Think

As we can see that nifty breaks the Triangular pattern as shown on the charts. Also the retracement is in the support of my theory.

But Some how I am not 100% sure as these chart patterns works smooth on stocks and patterns on indexes often tends to fail.



*I am not a SEBI registered analyst. The whole study is my own personal research and for educational purpose only. Trade is not recommended, if done i will not be responsible for any trade related losses.

Thanks