TradingView
NeeteshJain
21 Ogs 2016 pukul 05.27

NIFTY - Ascending Triangle Formation (Continuation Pattern) 

Nifty 50 IndexNSE

Huraian

On Hourly Chart of Nifty, I have observed a formation of Ascending Triangle, where we have two almost equal horizontal highs points and Three Higher Lows with Doji formation at the touch of trendline.

This pattern is bullish pattern and indicates accumulation.

Look forward to a breakout with strong candlestick on either side.
Lebih