Nifty 50 Index

NIFTY heading towards a W pattern/Double Bottom pattern

302
Looking at the fall in NIFTY today, which was quite predictable. it looks like this can be a trend to create a W pattern or a Double bottom.

To finish this pattern NIFTY might come down in coming 1-2 weeks, that's up to 31st March, 2020.

Once the double bottom is completed, we can see a great rise in the Indian Market.

Lets hope for the best.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.