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NIFTY50 ON 15 MINS CHART

NSE:NIFTY   Nifty 50 Index
Nifty has broken its major resistance trendline & changed its trend from bearish to bullish . It tried breaking the Fibonacci 61.8% level but couldn’t break it. We can also see a possible cup formation. Price has been trading inside the cup we made on chart. If nifty trades in range for tomorrow we can confirm that the cup n handle pattern is completed and a possible upside move can be seen in coming days.

Comments

nifty will go till 15025-15055 then it will again show correction
+4 Reply
Yes
+1 Reply
It's V shape not U shspe
+4 Reply
Hey guys, why is Angel speed pro software not working?
+3 Reply
Agreed, more likely to test 15000 odd levels. I have also shared an idea on similar view
+1 Reply
seems round bottom not happening as of now
+1 Reply

for nifty this trend line is very crucial
Reply
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