My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 3, 2017
NIFTY Rising wedge and Hour trend update
One hour shows a possible rising wedge pattern. Bears hoping this pattern can turn things in their favour But for bulls the trend even in one hour will not be challenged until price stay above the Up trend line and 50 Hour SMA. First signs of weakness only when price closes below 50 Hour SMA.
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