Asimrichie

"M" PATTERN OR DOUBLE TOP SEEN IN NIFTY

Short
NSE:NIFTY   Nifty 50 Index
with each passing day Nifty is showing signs of weakness the formation of a 'M' pattern which is also a double top is a bearish sign which is now clearly seen on 1 hour time frame this is further confirmation of weakness in Nifty there is a high possibility of Nifty breaking 18500 and heading down to its major support of 18000 in coming days, it is time to book longs...Happy trading

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.