Nifty is testing the lower line of triangle many times.
Chances of it going downward is more now than upward as it is testing the lower line a lot.
Look for proper candles and continue any side. Also might give a false breakout because everyone are waiting for moratorium update.
Then market will go anyside based on it.
Play safe and Happy trade :)
Note: Views only for educational purpose. Consult your financial advisor before any trade.
Chances of it going downward is more now than upward as it is testing the lower line a lot.
Look for proper candles and continue any side. Also might give a false breakout because everyone are waiting for moratorium update.
Then market will go anyside based on it.
Play safe and Happy trade :)
Note: Views only for educational purpose. Consult your financial advisor before any trade.
Trade closed manually:
As informed earlier it did breakdown but could not sustain and it became a false breakout.
I did caution you on this above.
I did caution you on this above.
Trade closed: target reached