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Nifty A diamond in the making ready for a 640-700 point movement

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Indeks Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Indeks Nifty 50
Chart Patterns NIFTY short diamondpattern
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chartpattern nifty short diamondpattern
Nifty CMP 10852

We have seen a nice expansion pattern and then a contraction pattern in Nifty. All forming a nice diamond in the making...

Now we could be in for some directional movement. Diamond chart patterns are associated to reversal pattern. Be ready for a 640-700 point movement.


Take care & safe trading...!!!
Dagangan ditutup secara manual:
Nifty
CMP 10728
Not getting the kind of fall

Looking to close the trade for time being...

Take care & happy trading...!!!

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Penafian

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