Nifty A diamond in the making ready for a 640-700 point movement

NSE:NIFTY   Nifty 50 Index
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...!!!
Trade closed manually: Nifty
CMP 10728
Not getting the kind of fall

Looking to close the trade for time being...

Take care & happy trading...!!!


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