Indice NIFTY 50Mis à jour NIFTY will breakout on the upside or downside soon
Rectangle Pattern Breakout - NIFTY is trading inside a rectangle pattern and will break out of the pattern anytime either upwards or downwards
Rectangle on 5-min Timeframe - Above is the nifty chart on 5-min timeframe which more clearly shows that nifty is trading inside a perfect formed rectangle pattern
Strong Resistance Level - Above is another image of nifty on 5-min timeframe indicating how the lower line of the rectangle had been tested 3 times already (including once yesterday) indicating the strength of the pattern
Target - target will be 95 points away from the place where the market breaks out on the rectangle. Upside or downside breakout both seem equally probable at this point.
NIFTY is trading inside a rectangle pattern and will break out of the pattern anytime either upwards or downwardsRectangle on 5-min Timeframe - Above is the nifty chart on 5-min timeframe which more clearly shows that nifty is trading inside a perfect formed rectangle pattern
Strong Resistance Level - Above is another image of nifty on 5-min timeframe indicating how the lower line of the rectangle had been tested 3 times already (including once yesterday) indicating the strength of the pattern
Target - target will be 95 points away from the place where the market breaks out on the rectangle. Upside or downside breakout both seem equally probable at this point.
Note
Trade Active - Bullish as breakout has occurred on upside
Trade fermée: cible de profit atteinte
market has hit the target within a short period of time and gave good returns
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📥 Telegram - t.me/Sagar_TradeMaster
📥 Instagram - instagram.com/sagar_trademaster/
📥 Youtube - youtube.com/@TruthfulTrader
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
My Social Media links :
📥 Telegram - t.me/Sagar_TradeMaster
📥 Instagram - instagram.com/sagar_trademaster/
📥 Youtube - youtube.com/@TruthfulTrader
📥 Telegram - t.me/Sagar_TradeMaster
📥 Instagram - instagram.com/sagar_trademaster/
📥 Youtube - youtube.com/@TruthfulTrader
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.