NrupenM

Looks like Triangle has broken with shift in price volatility

Short
NSE:NIFTY   Nifty 50 Index
Nifty confirmed triangle break with first 15 minute of opening. I think short can be initiated for minimum downside of 8385. Prices are currently retracing to broken line take entry at the end of retrace.
Comment: Downward momentum started
Comment: Intra day traders can exit positions if they want to, positional traders can hold their positions with trailing SL
Comment:
Comment: I think prices should halt at 8353 for some time now, waiting for price to complete its first cycle so that we can add Fibonacci Arcs to them