NeeteshJain

NIFTY - Ascending Triangle Formation (Continuation Pattern)

NSE:NIFTY   Nifty 50 Index
On Hourly Chart of Nifty             , I have observed a formation of Ascending Triangle , where we have two almost equal horizontal highs points and Three Higher Lows with Doji formation at the touch of trendline .

This pattern is bullish pattern and indicates accumulation.

Look forward to a breakout with strong candlestick on either side.
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