In my previous post I posted a prediction on 4H Chart as to how Nifty will get direction.
It was exactly in similar manner with 500 points move in Gift Nifty. I will call it a Triangle Breakout to upside. It was also coming on Perfect Setup Rule. Anyway, if logically a 500 points rally prediction comes true in this highly uncertain scenario, it is a great reliance only on Perfect SetupRules which always give right direction if we are not carried away by EMOTIONS.
It was exactly in similar manner with 500 points move in Gift Nifty. I will call it a Triangle Breakout to upside. It was also coming on Perfect Setup Rule. Anyway, if logically a 500 points rally prediction comes true in this highly uncertain scenario, it is a great reliance only on Perfect SetupRules which always give right direction if we are not carried away by EMOTIONS.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.