Nifty is forming an ascending wage pattern & it can take the resistance from 16650 and continue to the downside.. once entry get triggered trail your SL at cost if the market drop below the entry price.
Comment:
In the above analysis, i miss the trendline adjustment. It has to start from 19 july and the price perfectly touch the trendline and reverse from it,,,
Will try to avoid such issues in d future.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Will try to avoid such issues in d future.