VivekKolte

Nifty Index Symmetrical Triangle pattern

Long
NSE:NIFTY   Nifty 50 Index
From 9 Oct to 13 Oct, Nifty Index formed symmetrical triangle pattern on 15 min and 1 hrs chart.
This pattern will give break out or break down move
But
This is up trend with symmetrical triangel pattern. So more chance of breakout on tomorrow ie. 14 Oct-20
Also, on 14 Oct, Loan moratorium case hearing start at 10.30 am and expect final result tomorrow and WPI data at 12pm
Two major events results - breakout or break down on Nifty Index tomorrow.

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