Rising wedge gives good shorting trade.
But here in this case the wedge has broken on upside. This occurs rarely, but when breaks out on upside, gives highly bullish move.
Current trend is up. hence expecting to continue the momentum.
Higher high higher low structure.
SL at 5100.
But here in this case the wedge has broken on upside. This occurs rarely, but when breaks out on upside, gives highly bullish move.
Current trend is up. hence expecting to continue the momentum.
Higher high higher low structure.
SL at 5100.