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TradZoo
Aug 16, 2022 2:02 AM

Falling Wedge Pattern in NIFTY possible 20350 after breakout Long

Nifty 50 IndexNSE

Description

On daily time frame nifty trading almost near the resistance level of falling wedge pattern. Expected breakout of this level. After breakout if nifty sustain above 17750 level then possible strong upside rally upto 18600 level and this can be extend upto 20350 level in short term period. Downside can place stop loss at 17200 level for this long side view.

Disclaimer: Consider this view as an education purpose only. Before taking any position take an advise from your investment advisor.

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Comments
Zakenifty
Banknifty me bhi Breakout ho gya he daily and weekly chart me. ab Boom Baam hoga
RameshRaja_3
it's also my view👍
uniqueidrajan
thoda late magar sahi pakde hai
@INFINITYIV
spbhatt
This Chart and Analysis should have been Editor's pick :)
ranjansharma1231
I am seeing Short Opportunity in Nifty and BN today. Seems Like 300 points correction in Nifty and 1000 points in BN from tomorrow.
dipankarmridul
Bf.
dipankarmridul
Nam. 🥟☕️
patelhirenindia
You are true very nice i am agree
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