Nifty: The Rising Wedge Pullback

ที่อัปเดต:
Notes on the chart.
Enjoy the weekend.
Regards
บันทึกช่วยจำ
สแนปชอต
บันทึกช่วยจำ
สแนปชอต
The wedge broke with a gap and is sliding down. Its oversold in the current situation, we might see some recovery in the afternoon if the marked level is breached.
But strategy would be the same, sell the pullups. Targets intact.
บันทึกช่วยจำ
The wedge target is done @11455
บันทึกช่วยจำ
สแนปชอต
What I see on the lower tf is a cypher pattern completion near today's low.

Which means if we recover from this point, possible targets could be 11494 and 11515-535 zone. Any weakness in these areas would attract fresh shorts.

If in the morning we Dive down from today's low, target will be 11300 zone.

All the best for this tough week.
บันทึกช่วยจำ
Exactly 50 points away from our target.
Till then I ll sell on rallies.
บันทึกช่วยจำ
Quite fast journey from 11580 till 11300.
Enjoy.
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11305..consider it a hit.
Chart PatternsfibretracementNIFTYnifty50pullback

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