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Nifty Wedge and Channel breaking all time high
Nifty 50 Index
Short
Nifty Wedge and Channel breaking all time high
By Golden_Ratio_x_618
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May 29, 2021
2
May 29, 2021
Nifty went below channel a tail can be seen right below channel drawn.
Expecting wedge pattern to end by Throw over above channel 15500-600 could be zones to watch out for.
Dip can be expected in zig zag fashion towards 15200-100 levels.
Just for study purpose only and should not be interpreted as a proposition to buy or sell in any securities.
Elliott Wave
Parallel Channel
Rising Wedge
Wedge
Golden_Ratio_x_618
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