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nmcapital44

Nifty advanced chart formation

Nifty 50 Index (NSE:NIFTY)  
nmcapital44 Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY niftyanalysis niftytrend niftyindia niftyprediction niftybank
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trendanalysis chartpattern indicator nifty niftyanalysis niftytrend niftyindia niftyprediction niftybank
I have observed this pattern in Nifty daily chart

1500 to 1600 points down move
2300 to 2400 points down move

If the recent high is temporary top for time being a 1500 points correction is possible in the index

2 days closing above 17600 will reject this pattern and next resistance will be 18200
Comment:
2300 to 2400 points up move
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