NIFTY WILL CRASH BY THE END OF THIS WEEK for NSE:NIFTY by peace_lover

supportandresistance trendline rectangle niftyprediction gold crash bearish bullish weekly fall nifty reversal

the amazing bull run of nifty is almost over. By the end of this week or since next onwards nifty will crash just like it had happened before probably with huge gap-down opening too. Nifty has repeatedly failed to break this trendline before and this time will be no different. History does not repeat itself, IT RHYMES

Trade closed: target reached:

Nifty has gone down considerably as expected due to nifty/gold having reversed a lot from the upper band of the rectangle pattern

Comment:

I forgot to mention but the full credit of this analysis goes to this guy -

"Wise - Trader"

he is a great youtuber cum trader in indian market. i took the idea for this from him. Thanks a lot for your contribution. You could follow him here -

youtube.com/@WiseTrader2020

Comment:

I went through wise-trader's earlier recommendations regarding similar kind of trade ideas and found out that the ideas are not exactly same, only rough idea and hence i am humbly claiming half of the credit of this trade idea

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