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Suresh_Chandrasekaran

Nifty perfect W pattern

Long
Nifty 50 Index (NSE:NIFTY)  
Suresh_Chandrasekaran Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Beyond Technical Analysis NIFTY futere options trading Technical Analysis intraday daytrading positional calls
5
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trendanalysis chartpattern beyondta nifty futere options trading technicalanalysis intraday daytrading positional calls
NIFTY is making a perfect W pattern on multiple time frames. Its an a positional call holding on 5 to 15 days.

Its forming a double top reversal pattern. Its breaking a neck line almost we can expected move on 1300 points at the level of 10288.

Long above 8949 to 9000 levels
Stop loss 8904
Targets 1 - 9707.5 937.3 1339
Targets 2 - 9975.3
Targets 3 - 10288

Comment:
Double Bottom reversal pattern
Comment:
Entry triggered. Keep Stop loss
Trade active:
Entry triggered. Keep Stop loss
Trade closed: stop reached
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