A falling wedge pattern can be seen as per banknifty hourly time frame chart.
an upward momentum can be expected after breakout from the resistance of the wedge pattern.
The expected targets are marked in red line on the chart above. keep strict SL as per your risk appetite.
remember this is a positional view only for educational purpose. Please follow your own research and trade setup before initiating any trade.
an upward momentum can be expected after breakout from the resistance of the wedge pattern.
The expected targets are marked in red line on the chart above. keep strict SL as per your risk appetite.
remember this is a positional view only for educational purpose. Please follow your own research and trade setup before initiating any trade.