- Nifty futures is showing a possible triangle formation in 5 minutes time frame.
- The break out on either side can give at least 50 points.
- Since it is a triangle it can give false breakouts before deciding its path.
- NIFTY SPOT HOUR CHART WITH FIBONACCI LEVELS
The Nifty future (Sep.) closed at 5419.75 i.e. at a discount of 0.85 points vs. premium of 5 points and added
ReplyDelete112150 shares in open interest.
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