nifty might break downward reasons read description
hi guys,
that is rising wedge where chances of breaking down are high and resistance is exactly neck line of an head and shoulder and adx shows trend strength is weak,so in my opinion this is just a pull back , i think it will break down lets see what happens
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
that is rising wedge where chances of breaking down are high and resistance is exactly neck line of an head and shoulder and adx shows trend strength is weak,so in my opinion this is just a pull back , i think it will break down lets see what happens
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
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