Nifty50 Analysis! Triangle Breakout!

Avinash9087 Updated   
NSE:NIFTY   Nifty 50 Index
Nifty 50 Daily Analysis!
Trinagle Pattern formation in Nifty50!
Triangle Pattern Breakout in Nifty50!

Nifty50 formed a Triangle on a daily Timeframe. Today It has given breakout and closed above the resistance trendline. We can expect further upmove in Nifty50 in upcoming trading sessions. Rest of all Analysis is on the chart please take a look.

Entry = Depends on how market opens on Monday
Stop Loss = Below 18337.75
Targets = 1) 18612.70 2) 18740.15 3) 18949.90

Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
Trade active:
Target 2 Reached!
Trade closed: target reached

Avinash K.

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