Nifty Breaking Decending Triangle (8200 levels Next)

NSE:NIFTY   Nifty 50 Index
It is been observed that the price action forming a descending triangle on daily chart , and now it finally breaks out . from a strong support levels of 8550, indicating a strong weakness and bearishness ahead. Now it shall go further down and shall reach to 8200 levels.

Target: 8160
Stoploss: 8690
Risk Reward: 1:3
Trade active: Buying is weak, selling at high volume. Sellers shall be in dominance in tomorrow's price action too. Prepare your shorts. Regards
I would wait for small pull back and then would short ... will short near 8685 levels
hello sir am madhavan from tamil nadu i want to contact you sir your mail id
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out