NSE:NIFTY   Nifty 50 Index
168 3 10
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
https://prnt.sc/gi7n5p
But ,just after recording a high higher than Tuesday Candle, it got settled into the Triangle again
http://prntscr.com/gi7pt9
And on line-chart, it appears like this:
http://prntscr.com/gi7klv
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
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@Gururajr, may be but 5 min chart us very small time frame to judge the movement of index
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Appreciating good work bro.
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