Double top formed! Will Nifty reverse it's trend?

١٢ ديسمبر ٢٠٢٠

After having a bull run for a while, Nifty has finally formed a double top pattern. If the next session breaks the previous day high, it can rally upto 13700. If Nifty fail to cross the mark, there are chances it might consolidate.

Disclaimer: These are my personal views. I have drawn the chart in such a simple manner for the beginners to understand. I don't recommend anyone taking trades blindly. Please analyze yourself before you enter a trade.