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atin28
Jul 29, 2019 2:24 PM

Nifty double top formation can be seen on weekly chart  Short

Nifty 50 IndexNSE

Description

Neckline broken at start of the week but if weekly close below the necklines short can be taken or a advance short positions can be taken below neckline all the time .But when ever it close above the neckline short positions need to close because of on daily chart a 200 EMA comes on 11130-150 area so a possible demand can be rise on the neckline area.

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