NIFTY FUTURE has formed symmetrical triangle pattern
NIFTY FUTURE has formed Ascending Triangle Pattern on 1 hour chart, where we're expecting more upside in the upcoming sessions, if Nifty Future will break 17988.95 or 18000 Levels after touching point number 8.
If Point 8. wouldn't work as support level for Nifty Future and it will get break by good selling pressure, Nifty Fut can retest the 17750 levels and then we can expect more 200-300 points downfall soon.
Important levels to watch :
Strong Support - 17780
Strong Resistance - 18000
Disclaimer : The mentioned levels are only for educational purpose, please do your own analysis before taking any action in the live market or consult your financial advisor for the same.
If Point 8. wouldn't work as support level for Nifty Future and it will get break by good selling pressure, Nifty Fut can retest the 17750 levels and then we can expect more 200-300 points downfall soon.
Important levels to watch :
Strong Support - 17780
Strong Resistance - 18000
Disclaimer : The mentioned levels are only for educational purpose, please do your own analysis before taking any action in the live market or consult your financial advisor for the same.
Trade closed: target reached:
Our Target in the Downside has been achieved and trade has been closed now.