Nifty : Very Simple, Very Effective !

Diupdate
Well, I broke My vow bcos of the Nifty pattern formation. I wanted to share with you guys as it will help you whats in Nifty for today to get better understanding, so I broke My vow & posting back !

We have very simple descending triangle in Nifty and whichever side it breaks out is our entry direction. Usually this triangle breaks to downside but lets see what happens now. Any direction breakout we are entering and you should be quick to reverse on false breakouts.

Happy Trading !
Catatan
Half of the day gone within 50 points range !
Catatan
Game On !
Catatan
Pls Not a false breakout,Do us a favor Nifty !
Catatan
There it goes as false breakout
Catatan
Double Bottoms On, Just take care : cuplikan
Catatan
The follow up, Next post here :
Nayak nahi khalnayak Nifty !
breakoutNIFTYnifty50niftyindianiftytrendTriangle

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