MadhavMBK

Nifty forming descending triangle- below Island- Sell bias

Short
MadhavMBK Mis à jour   
NSE:NIFTY   Indice NIFTY 50
Nifty forming Island pattern between 9700-9800 levels and leaving gap between trading range earlier and after. This pattern considered as bearish. 8/10 times market repeals from it. Other thing is nifty is in trading in descending triangle zone. Its breakout expect downwards between 7-8 days.
Trade fermée: cible de profit atteinte:
Target of 9100 at support achieved. After that market jumpedup little. Again short opportunity will come above 9300
Clause de non-responsabilité

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