The_Trader14

Nifty direction & waiting game ?????

NSE:NIFTY   Nifty 50 Index
Our last H & S shoulder pattern became invalid today after Nifty touched 13200 which is a new high.

That is what Market is. Stay on your toes and change the views as per Market but not against it.

If you are not flexible enough to change the perception and stay rigid then you will only encounter loss and nothing much.

When checked on daily timeframe Market is stuck in the triangle. It is reaching its breaking point.

Any breakout and breakdown will give good run.

Stay cautious & Stay happy.

Note: Views only for educational purpose. Consult your financial advisor for any trade.