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ipuneet

Nifty rally since Mar-end in narrowing wedge, look for 11450.

Indeks Nifty 50 (NSE:NIFTY)  
ipuneet  
NSE:NIFTY   Indeks Nifty 50
Chart Patterns Trend Analysis NIFTY nifty50 BANKNIFTY niftybank Chart patterns chartpatterntrading
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chartpattern trendanalysis nifty nifty50 banknifty niftybank chartpatterns chartpatterntrading
Nifty moving in a narrowing wedge since March end, i.e. after the Feb-Mar correction.

Within the wedge, there is a channel n control line drawn, 11280, 11471 and 11710 can be expected if it keeps following the trend.
11090 and 11012 are supports within the channel, a big down move may come if it breaks the support line of wedge.

10909 and 10712 are the supports outside of this channel.


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