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RISING WEDGE BREAKOUT

Short
Nifty 50 Index (NSE:NIFTY)  
momentumchart  
NSE:NIFTY   Nifty 50 Index
Trend Analysis NIFTY
4
0
trendanalysis nifty
NIFTY CURRENTLY HAS A RISING WEDGE BREAKOUT NEAR THE WEEKLY TRENDLINE RESISTANCE AND THEN THERE IS A HEAD SHOULDERS PATTERN

SO IF NIFTY CLOSES BELOW THE HEAD AND SHOULDERS NECKLINE WE CAN EXPECT IT TO REACH THE NEXT LEVEL OF DEMAND ZONE

REFER CHART FOR DETAILS
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