Shivam_Gaba

Topping Formations all around!

Short
NSE:CNXFINANCE   Nifty Financial Services Index
Almost all indices in this layout are showing triangular topping formations.

Ending Diagonals in Nifty 50, Nifty 500, Nifty Midcap 100, Nifty IT.
B Wave triangles in Nifty Small Cap 100, Bank Nifty, Fin Nifty index.

Nifty IT has already broken down of the pattern. Let's see how other charts follow up.

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.