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Nifty 50 Index
Short

NIfty Short, Formation of evening star near to resistance

By sahilmalik2792
In 1 hour chart of nifty, there is formation of evening star near to trendline support. Also there is bearish wedge pattern formation in 1 hour time frame which indicated possibility of trendline breakdown. Nifty can be shorted with SL of 17639 for the targets of 17000 (target 1) and 16700 (target 2).NIFTY
Chart PatternsFalling WedgeTrend Analysis
sahilmalik2792

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