shampriyo

Nifty forming Descending Broadening Wedge

NSE:NIFTY   Nifty 50 Index
The Weekly charts show a clear pattern that Nifty is forming a Descending Broadening Wedge. Good news is that it is a bullish pattern. Bad news is that if this pattern formation holds true, then we may see a further downside in Nifty in weeks to come, where it can well go down to 15000 levels

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