Index has formed a terminal structure which is known as Ending diagonal. This suggests that index is likely to fall towards 16400-16000 zone in the coming weeks and months ahead.
Chart PatternsDJIdowjonesnasdaqsharemarketsharemarketanalysisStocksstocktradingTechnical AnalysisTrend AnalysisWave Analysis

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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