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mklives

NIFTY..triangle.

Short
Nifty 50 Index (NSE:NIFTY)  
mklives Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators
1
5
trendanalysis chartpattern indicator
NIFTY still is in a triangle on daily charts.
but todays move is highly bearish . started with a gap down and never filled the gap.
had a trending bearish move today..
wait for traingle to break for fresh shorts, for target of 11600
Comment:
gapped down below triangle..not good..
nifty at 200 dma.. considering the weakness i am expecting lower levels, whether after a bounce or not, time will tell
Trade closed: target reached:
11600 reached
Comment:
what a fall breaking the triangle and now gapped down below 200 dma, with heavy selling
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