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Cfa_Arvind

Nifty - Double Top Chart Pattern Active

Short
Nifty 50 Index (NSE:NIFTY)  
Cfa_Arvind  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Beyond Technical Analysis
5
0
trendanalysis chartpattern beyondta
Nifty has showing weakness after double top chart formation. After that selling pressure was seen on chart. Nifty has successfully break support line twice but failed to rally downside. Last day price retest the prior support and then start falling. This time we assume that breakout was real and should try to hit out target.

Sell Below 14200
Stop Loss 14550
Target 13600
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