Nifty50 Analysis for 30 Nov 20

The market is moving into a consolidation range after a trend
Inside a larger channel, a minor triangle pattern is formed

** M pattern formed ending today => Possibility of the good down move

If on Monday market opens

• Gap up there will be a possible retest and break out upside
  
• near prev the last close there can still be a ranging market continuing
  
• Gap down there can be a good down move near to support zone
  

تعليق:

Market Analysis for 1 Dec 20