JKoptions

Nifty one hour triangle

Short
NSE:NIFTY   Nifty 50 Index
A triangle formation in one hour chart shows a good chance for bearish trend to continue. Although breaking the trendlines will be decision point for a up or down trend .

Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.