KumarMitesh

Nifty forming a Rising Wedge pattern

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KumarMitesh 已更新   
NSE:NIFTY   Nifty 50指數
Let me know your views.
Nifty seems to be forming a perfect wedge pattern in the daily log scale chart. A few more gasps before breaking down.
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Nifty did not break the wedge pattern today. Expecting an upside tomorrow - can go above 10950 before it retraces again. Its coming very close to the apex and a breakout closer to the apex is usually not very strong.

This idea is for information only!
Mitesh
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