NIFTY - 15 min.
As we saw yesterday, there was a symmetrical triangle in 5 min time frame. Today in the opening, the triangle breaks on the upside and we achieved the 1st target of 17870.
So for tomorrow our analysis we will go bullish if it breaks the level of 17900 i.e previous day's high (PDH) we can achieve the second target which will be the 17970 level.
On the other hand, we saw today's market was in range and breaks a trendline. If the level of 17850 breaks we will take an entry for the downside, in that case, our targets will be 17800 and 17760 respectively.
So for tomorrow our analysis we will go bullish if it breaks the level of 17900 i.e previous day's high (PDH) we can achieve the second target which will be the 17970 level.
On the other hand, we saw today's market was in range and breaks a trendline. If the level of 17850 breaks we will take an entry for the downside, in that case, our targets will be 17800 and 17760 respectively.
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