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CuriousChartist

NIFTY - Ascending Triangle Breakout ?

Nifty 50 Index (NSE:NIFTY)  
CuriousChartist  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY nifty50 Ascending Triangle Rising Wedge Wedge breakout retest vcppattern
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trendanalysis chartpattern indicator nifty nifty50 ascendingtriangle risingwedge wedgepattern breakout retest vcppattern
Overall Nifty is in a Rising Wedge.

The way it is shaping up after a cup breakout and now 3 VCP in an ascending triangle, it seems the short term correction will be over soon, unless something drastic happens and the ascending triangle is breached on the downside.

MACD also looks bullish for now.
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.

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