Nifty 50 is making Rounding top pattern

Nifty 50 IndexNSE

Description

⋅ Jul 9, 2021 1:13 PM

Nifty 50 is making Rounding top pattern on timeframe

⋅ Jul 13, 2021 10:31 AM

Nifty just closed near rounding top line..
lets see tomorrow, what price action unfolds ...

Comments

sureshg85

⋅ Jul 9, 2021 8:34 PM

This not seems like inverted cup or rounding top. Borders ok. But like filled up cup..

rajshah777

⋅ Jul 9, 2021 1:32 PM

so it will fall on monday?

amolshirguppe

⋅ Jul 9, 2021 3:51 PM

@rajshah777, no it will consolidate in this zone for some time, lets see whether it gives breakout downside or upside