NIFTY : Diamond Pattern Breakout
A diamond pattern in visible in hourly charts.
In this pattern prices first broadens inside a zone and then starts narrowing down.
Breakout of the diamond signifies a clear trend then...
Nifty is looking a bit weaker and some lower levels can be expected in upcoming days unless some good news pop up .
Levels to expect:
Downwards:
S1 11350
S2 11100
S3 10900
Upwards
R1 11600
R2 11800
In this pattern prices first broadens inside a zone and then starts narrowing down.
Breakout of the diamond signifies a clear trend then...
Nifty is looking a bit weaker and some lower levels can be expected in upcoming days unless some good news pop up .
Levels to expect:
Downwards:
S1 11350
S2 11100
S3 10900
Upwards
R1 11600
R2 11800
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.