NSE:NIFTY   Nifty 50 Index
168 3
different possibilities
daily chart- in daily chart nifty has a trend support in the range of 9860-9870 range and from last one month nifty is making higher lows.
breaking 9860 can bring nifty to 9680 levels.
Today early morning session, it appeared as if the triangle has got broken on the upside
But ,just after recording a high higher than Tuesday Candle, it got settled into the Triangle again
And on line-chart, it appears like this:
breakout of triangle will take nifty to 10000.
breakdown of triangle can take it to 9971

after hitting 10k, all the way down..that would also confirm hitting the top of the trendline..in 5 min chart a confirmed downtrend is visible..let us see
@Gururajr, may be but 5 min chart us very small time frame to judge the movement of index
Appreciating good work bro.
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