venkat7curioz

descending broadening wedge formed is formed in nifty 50

NSE:NIFTY   Nifty 50 Index
this pattern indicates that positive breakout will occur after minor corrections, as in downside there are many support levels .
Having many supports nearby ,market corrected over long time, this pattern all indicates potential upside .
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.