NIFTY DAILY CHART
- NIFTY descending broadening wedge tomorrow's support area is around 4850-4865
- The target for the triangle in 5 minutes which broke its support is also coming around 4850.
- So tomorrow if nifty holds 4850 we may see a rally from this area.
- Any thing below 4850 is very bearish for the short term.
thank you