NIFTY IN DESCENDING TRIANGLE PATTERN
Updated
nifty is currently in descending triangle pattern and about to complete its correction
> as we can see in chart nifty is in last leg (E) in which can be complete near 14100 area.
> as we can see in chart nifty is in last leg (E) in which can be complete near 14100 area.
Note
as per our view nifty has ended its correction in area of 14100 and now it has started its new impulse which can lead it to the area of above 16000 but for now 15000 is its minor resistanceNote
now nifty is heading towards our target of 16000 our final trailing sl is 15200
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