Pin Bar and Falling Wedge of nifty futures

CHART-II

 CHART-I

• PIN BAR and FALLING WEDGE has given a breakout above the resistance line of the wedge.
• But NF was sold off from intraday high suggesting profit booking.
• Breakouts of patterns is usually followed by a retest of the breakout area. So we may see a retrace of this move. Or a gap up tomorrow. many possibilities exist But bulls have the momentum.