Tringle pattern on Nifty 50

7 feb 2023

Entry level : Tringle pattern formation can be seen on nifty 50 chart 60 minutes time frame. this week might not have breakout and if does price need closed or sustained above 17850.
Target1:-18000
Target2:-18185
Stop Loss:-17675

8 feb 2023

Nota

Do not fall for this Break wait and closed should be above 17850 and
Target 3:18250

8 feb 2023

Trade attivo

Ride on this trade

10 feb 2023

Nota

This week might touch 1st Target

12 feb 2023

Nota

For tomorrow Nifty may take a correction again near 17754-17715 level if does buy more with Stop 17675, and heavy resistance near 200SMA which is 17900 for now. If somehow break and closed above Nifty only take halt near 18285 level.

15 feb 2023

Trade chiuso: obiettivo raggiunto

Target 1 Reached next week might touch 18200 level