Will this Diwali NIFTY rocket fires to next trajectory? Long

Nifty 50 IndexNSE

Description

⋅ Oct 21, 2016 4:14 AM

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.

Comments

AnbHfund

⋅ Oct 22, 2016 5:54 PM

look at bank nifty for Nifty direction !! already broke the falling resistance !! Bullish undertone !!

Prasenjit

⋅ Oct 22, 2016 6:03 AM

with having great liquidity in market it is just matter of fact.

akhil1206

⋅ Oct 21, 2016 8:13 PM

its a descending triangle...we could go downward also

gpd811

⋅ Oct 22, 2016 3:52 AM

Might be... 8550 and 8700 levels shall be crucial...

abhitrader

⋅ Oct 21, 2016 12:42 PM

is it a descending triangle?