NIfty trend Analyses in weekly time frame
Inorder to pick up the day trade reduce the time frame to weekly tf after analysing the monthly tf. you could see the chart respects the major trend lines.we could see asymmetric triangle pattern and the BREAKOUT This means the trend is going to be uptrend and so the trend continues.
BREAKOUT( ie. (trend break up in the upward trend)
BREAKDOWN ie. (trend breaks in the downward).
BREAKOUT( ie. (trend break up in the upward trend)
BREAKDOWN ie. (trend breaks in the downward).
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