Mighty Nifty - What next? Long

Nifty 50 IndexNSE

Description

⋅ Sep 24, 2019 3:26 AM

Price action is forming bull pennant. Bullish above 11620 for the target 11680, 11740, 11820 and 11880. Bearish if the pattern fails.

⋅ Sep 24, 2019 3:39 AM

Bearish below 11460 & then gap filling will happen.

Comments

sanjay123

⋅ Sep 24, 2019 7:02 AM

pattern failed? now downtrend?

vanathi

⋅ Sep 24, 2019 7:04 AM

@sanjay123, No trend confirmation so far. Pattern fails below 11460.