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simplyansh
Jun 23, 2022 5:39 AM

NIFTY Daily Analysis - 23rd June CUP & HOLDER formation 

Nifty 50 IndexNSE

Description

NSE:NIFTY forming a perfect Cup and Holder pattern on charts.
Top of the 15710 makes for a crucial Make or Break levels, as NIFTY can either continue upward momentum and cross the top of CUP and HOLDER, or can fall back sharply from here.
I would wait for either scenario to happen and take LONG or SHORT positions based on it.
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