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peace_lover

NIFTY POISED FOR FALL AFTER THE BREAKOUT FROM ASENDING WEDGE

Short
Nifty 50 Index (NSE:NIFTY)  
peace_lover Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Wedge Technical Indicators
3
0
trendanalysis wedgepattern indicator
  • ASCENDING WEDGE BREAKOUT -

    Nifty has recently broken out of the ascending wedge pattern by testing the lower trendline several times indicating strong downward pressure

  • SL & TP -

    TP - 19525
    SL - 19625
Trade closed manually:
Market had come very close to TP ie 19633 and hence profit booked & closed position manually
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