Wealthcam

ROUNDING BOTTOM..?

NSE:NIFTY   Nifty 50 Index
As we can see NIFTY can be seen forming more like a double bottom pattern with previous rounding bottom being smaller than previous bottom which shows bulls are stronger as they are not letting bears break their lows hence it can seen NIFTY trading at important neckline of the pattern hence why closing above the given pattern could show another mind boggling move so plan your trades accordingly

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