Nifty 50 IndexShort
NIFTY-Bearish Triple Top Pattern
Updated
NIFTY: A s per hourly chart ,NIFTY has formed a Triple Top which is a bearish paattern.
As per the pattern it shows a downward Target of 22200/22000 and drifting to 21800 zone again.
The pattern is likely to get negated if NIFTY manages to give a close above 22400(For educational purpose only)
As per the pattern it shows a downward Target of 22200/22000 and drifting to 21800 zone again.
The pattern is likely to get negated if NIFTY manages to give a close above 22400(For educational purpose only)
Note
already twice tested 22100 from the suggested levels of 22300 to go shortTrade closed: target reached
as projected 500 points fall from 22300 done
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