you can see macd is also ready to give buy signal and recent Fibonacci retracement show near trg, elliote wave shows 12345 pattern after abc pattern lets see chart
its simple educational purpose think before trade here parallel Chanel already break.
nifty is showing ascending triangle on 30 mini chart with gap up opening from last 3 session. but now its 3 rd gap showing intensity to open with gap is reduced, it might be possible next session will open with small gap and then will give downside breakout. i hope its is meaning full please like and follow.
its just probability how number of cases will be its depend on fundamental view also(situation) but keep hope chart should be expected.
ITS FREE MINDED DRAWING,ITS FOR EDUCATIONAL PURPOSE THINK TWICE BEFORE TAKE TRADE BASED ON THIS INFORMATION THANKS FOR YOUR LOVE AND SUPPORT . FOR MORE STUDY FOLLOW AND LIKE.
AS WE SEE GAP OPENING FROM LAST SOME TRADING SESSION WE CAN SEE TOMORROW GAP DOWN OPENING IN INDEX AND RANGE BOUND TREND AS FAR POSSIBILITY STRONG SUPPORT IS 8700.