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NIFTY 50 on a MAJOR AREA ( 22000 or 14000)

Indeks Nifty 50 (NSE:NIFTY)  
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NSE:NIFTY   Indeks Nifty 50
Trend Analysis Chart Patterns Fundamental Analysis nifty50 BANKNIFTY indianstocks indianbanks chartanalysis chartptattern Bullish Patterns Bearish Patterns
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trendanalysis chartpattern fundamental nifty50 banknifty indianstocks indianbanks chartanalysis chartptattern bullish bearish
We can see a clear pattern formation.

Its a Descending Broadening Wedge.

Normally Its a Continuation pattern that means earlier market made a top on 18600 and now if price will break this wedge again it will continue the bull rally.

Still there are chances of failure of this pattern.
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