Nifty forming symmetrical triangle on 1H chart. Taking support from the lower trendline. Rsi showing bearish divergence. Plan your trades accordingly.
descending triangle pattern can lead to a good break either side.
Multiple rejection from 38100 zone. It can lead to breakdown if it breaks the trendline as monday market opening can be flat according to global indices, or one can expect a good upmove if it takes support at the trendline. Can be decided according to 15 min candle closing.
Some nifty levels for monday. Can be a flat day according to global markets. One can buy at support or sell at resistence.
descending triangle formation in nifty. can give a good intraday move
bearish pattern head and shoulder can be formed it it takes support at the trendline also giving a good bounce also one can go short if the trendline breaks as it also has bearish rsi divergence
Symmetrical triangle formation in banknifty. Can give a good move if breaking either side.
forming symmetrical triangle after a uptrend can lead to a good upside move
symmetrical triangle formation can give a good move if breaks anyside.
banknifty forming ascending triangle breakout can give good upside targets
possible breakout if breaks above trendline