gpd811
Long

Will this Diwali NIFTY rocket fires to next trajectory?

NSE:NIFTY   Index of the 50 listed India companies
Looking at Wave formation, it looks in next 8-10 trading sessions, NIFTY             should break the Triangle and move up.
Bulls can push NIFTY             by 500-600 points atleast.
is it a descending triangle?
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its a descending triangle...we could go downward also
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gpd811 akhil1206
Might be... 8550 and 8700 levels shall be crucial...
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with having great liquidity in market it is just matter of fact.
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look at bank nifty for Nifty direction !! already broke the falling resistance !! Bullish undertone !!
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