On daily time frame nifty trading almost near the resistance level of falling wedge pattern. Expected breakout of this level. After breakout if nifty sustain above 17750 level then possible strong upside rally upto 18600 level and this can be extend upto 20350 level in short term period. Downside can place stop loss at 17200 level for this long side view.
Disclaimer: Consider this view as an education purpose only. Before taking any position take an advise from your investment advisor.
Disclaimer: Consider this view as an education purpose only. Before taking any position take an advise from your investment advisor.
Note
Previous Chart: ![[Short Term]Falling Wedge Pattern In NIFTY](https://s3.tradingview.com/e/EeTpZvCx_mid.png)
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