Double Top, Next Target is Trendline Bottom.
Down Trend start, because Banknifty did not closing above previous top or resistance level and it formed Double Top. So we expect market coming down, next Target is Trendline Bottom.
And also Nifty 50 did not Breakout the Channel Pattern, Trendline also Breakout, SGX or GIFT also Breakout Trendline.
I want to help people to Make Profit all over the World.
And also Nifty 50 did not Breakout the Channel Pattern, Trendline also Breakout, SGX or GIFT also Breakout Trendline.
I want to help people to Make Profit all over the World.
Trade closed: target reached
Target Reached. Refer this image.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.