pankajvw
Long

Nifty in an ending diagonal

NSE:NIFTY   Nifty 50 Index
Nifty had been in an ending
diagonal kind of pattern and
had also given a false breakdown
signal but is again back up in the diagonal.

Is it really ready to fall?

Absolutely NOT as Timewave does not
support this view.
Shows a rising wedge though, which is bearish.
Reply
Ready to fall, perhaps not. But ready to correct, possibly, yes. Just my view.
Great going!
Reply
pankajvw mackanshunegi
@mackanshunegi, thanks!
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