Strong triangle pattern is controlling nifty all over from DEC to FEB,
A B = UP TREND (20DEC-17JAN)
B C = Resistance of fall (17JAN-18FEB)
C A = Support from (24JAN-18FEB) Broken once a while on 14FEB due to news but taken support on 24JAN and came back
Demand and Supply is LOCATED "ON CHART with CIRCLES.
A B = UP TREND (20DEC-17JAN)
B C = Resistance of fall (17JAN-18FEB)
C A = Support from (24JAN-18FEB) Broken once a while on 14FEB due to news but taken support on 24JAN and came back
Demand and Supply is LOCATED "ON CHART with CIRCLES.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.