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Bank nifty view- 5000 points since march- probability- 90 |
chennuru
White Belt
Joined: 07 Jan 2011
Posts: 93
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Post: #16  Posted: Fri Sep 21, 2018 4:04 pm Post subject: Hi |
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| intraday 5 TF chart behavior |
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chennuru
White Belt
Joined: 07 Jan 2011
Posts: 93
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| Post: #17 Posted: Mon Jan 21, 2019 7:32 pm Post subject: Nifty forms ascending triangle |
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Dear All
Nifty forms ascending triangle in daily charts,
it indicates bullish and this pattern gives best risk reward ratio than other patterns,
Triangle formations days are nearly 35 days,
If break out happens, then less than 20 days, it will meet the target price. |
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Parag9992
White Belt
Joined: 02 Jun 2017
Posts: 8
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| Post: #18 Posted: Mon Jan 21, 2019 8:41 pm Post subject: Re: Nifty forms ascending triangle |
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| chennuru wrote: | Dear All
Nifty forms ascending triangle in daily charts,
it indicates bullish and this pattern gives best risk reward ratio than other patterns,
Triangle formations days are nearly 35 days,
If break out happens, then less than 20 days, it will meet the target price. |
Sir, target is new All Time High? |
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chennuru
White Belt
Joined: 07 Jan 2011
Posts: 93
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| Post: #19 Posted: Tue Jan 22, 2019 9:18 pm Post subject: Nifty view |
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Unlikely,
may expect 400 points from triangle high,
cal is dif between first high and first low in triangle, |
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