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atin28

Tringle pattern on Nifty 50

Long
Nifty 50 Index (NSE:NIFTY)  
atin28 Updated   
NSE:NIFTY   Nifty 50 Index
Chart Patterns Triangle Pennant nifty50 niftytradesetup traders nse signal
5
1
chartpattern triangle pennant nifty50 niftytradesetup traders nse signal
Entry level : Tringle pattern formation can be seen on nifty 50 chart 60 minutes time frame. this week might not have breakout and if does price need closed or sustained above 17850.
Target1:-18000
Target2:-18185
Stop Loss:-17675
Comment:
Do not fall for this Break wait and closed should be above 17850 and
Target 3:18250
Trade active:
Ride on this trade
Comment:
This week might touch 1st Target
Comment:
For tomorrow Nifty may take a correction again near 17754-17715 level if does buy more with Stop 17675, and heavy resistance near 200SMA which is 17900 for now. If somehow break and closed above Nifty only take halt near 18285 level.
Trade closed: target reached:
Target 1 Reached next week might touch 18200 level

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atin28
Tringle pattern on Nifty 50
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