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Nifty A diamond in the making ready for a 640-700 point movement
Nifty 50 Index
Short
Nifty A diamond in the making ready for a 640-700 point movement
By indiamarketoutlook
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Updated
Jan 14, 2019
3
Jan 9, 2019
Nifty CMP 10852
We have seen a nice expansion pattern and then a contraction pattern in Nifty. All forming a nice diamond in the making...
Now we could be in for some directional movement. Diamond chart patterns are associated to reversal pattern. Be ready for a 640-700 point movement.
Take care & safe trading...!!!
Jan 14, 2019
Trade closed manually
Nifty
CMP 10728
Not getting the kind of fall
Looking to close the trade for time being...
Take care & happy trading...!!!
Chart Patterns
diamondpattern
NIFTY
short
indiamarketoutlook
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