NIFTY Top Of Expanding Triangle- Trade Plan And Important Levels
As discussed in the last video, NIFTY crossed and gapped up above the levels of 17,800 .
After a 700 point rally without a pause , a sideways to down consolidation can be expected . Currently the price is also stalling near the top of the expanding triangle. For the downside , the low of today i.e. 17,775 becomes crucial support for selling PE and if the market breaks above the high of today , then you can expect it to test the next resistance area of 18,350.
Follow piyushrawtani for more!
Cheers
After a 700 point rally without a pause , a sideways to down consolidation can be expected . Currently the price is also stalling near the top of the expanding triangle. For the downside , the low of today i.e. 17,775 becomes crucial support for selling PE and if the market breaks above the high of today , then you can expect it to test the next resistance area of 18,350.
Follow piyushrawtani for more!
Cheers
İlgili yayınlar
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.