Nifty Falling Wedge in formation on Weekly TF Long

Nifty 50 IndexNSE

Description

⋅ May 4, 2021 4:16 PM

We can see the formation of a falling wedge in Nifty on weekly time frame. Wait for breakout and weekly close above the wedge for the journey towards ATH. Nifty likely to hold supports on the lower trendline.