Intraday 15 min chart: -which ever side the triangle will give break out most likely may go on whole day. -my rough targets are the red lines this view is only for education, learning and practice purpose.
A view on nifty 50 only for education and learning purpose. Two ways 1: Head and shoulder 2:Elliott wave
head and shoulder
If white line crosses then an upmove will start , retracement also shows 0.38 as a strong support zone.
Titan at its support potential up move may come , with small risk and high reward.
ITS FORMING A WEDGE PATTERN ,IT HAVE TO GIVE BREAKOUT EITHER WAY
a classic pattern in ntpc which could go low