CHART-II
- Break of the resistance line has given a good trade.
CHART-I
- Support line of this pattern needs to break for selling to gain momentum.
- If NF gets support here or at the support line we may get an up move.
- So Bulls may hang on till 5850 levels. Break of 5850 may give the next wave of selling.
san - what is this chart pattern ? descending wedge ?
ReplyDelete@golfdude
ReplyDeletea falling wedge
Dear San,
ReplyDeleteThanks, Bye and Wish you a very happy long weekend.
Happy weekend Prabakar
ReplyDeleteIn how many minutes chart breakout(on closing basis?)should be?
ReplyDelete