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indiamarketoutlook
Jan 9, 2019 8:30 AM

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

Nifty 50 IndexNSE

Description

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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