Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 23, 2017
NIFTY Resistance zone and Rising wedge
Nifty daily chart is testing the recent swing High'
4 Hour chart shows a resistance line which is part of a Rising wedge pattern.
Rising wedges are mostly bearish. But as we are close to historic High's anything is possible. Weakness only if price falls below 8700 levels.
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