The hourly Heikin-Ashi chart of NSE:NIFTY has retested the prior top at 11100 area.
There is a bullish signal (3 green arrows) on the Multiple Super-trend indicator that I use.
These arrows need not be on consecutive candles but when they are the signal strength is higher.
This rising wedge of NSE:BANKNIFTY in LOG scale starts from 2008 and is active even today on October of 2019. The scale of this chart pattern is now more than 10 years which is massive in terms of time and this can only increase the significance of the chart pattern. As you can see from the chart the bottom support line has never been broken on a closing basis. I...