BtechTraders

Nifty is in a Ascending Triangle Pattern

Long
NSE:NIFTY   Nifty 50 Index
Nifty is in ascending triangle pattern, which can give movement if it breaks the black line and closes below 11385 and it will go up if it closes above the red line and closes above 11395.
According to technical analysis and pattern, Nifty is showing a positive trend today.
Targets are 11415, 11440.
Trade closed: target reached: The first Target of 11415 has reached. Book profits.
Risky traders hold till the second target.
Trade closed: target reached: Target 11440 has reached.
Book your profits.

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