NIFTY 50 IS TRYING TO FORM A BEARISH ABCD PATTERN.
THE PATTERN IS NOT YET CONFIRMED. BUT EXPECTING NIFTY TO TOUCH THE TRENDLINE TO GO HIGHER.
LET'S SEE WHAT HAPPENS.
- NIFTY ABOVE 10050 CAN BECOME BULLISH
- IF NIFTY CONTINUES THE PROPOSED PATTERN, IT CAN COME UP TO 9400 OR NEARY BY RANGE.
NEWS TO CONSIDER:
1. CHINA AND INDIA LAC TENSION
2. COVID 19 INCREASE
THE PATTERN IS NOT YET CONFIRMED. BUT EXPECTING NIFTY TO TOUCH THE TRENDLINE TO GO HIGHER.
LET'S SEE WHAT HAPPENS.
- NIFTY ABOVE 10050 CAN BECOME BULLISH
- IF NIFTY CONTINUES THE PROPOSED PATTERN, IT CAN COME UP TO 9400 OR NEARY BY RANGE.
NEWS TO CONSIDER:
1. CHINA AND INDIA LAC TENSION
2. COVID 19 INCREASE
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