Nifty is forming an ascending wage pattern & it can take the resistance from 16650 and continue to the downside.. once entry get triggered trail your SL at cost if the market drop below the entry price.
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In the above analysis, i miss the trendline adjustment. It has to start from 19 july and the price perfectly touch the trendline and reverse from it,,,
Will try to avoid such issues in d future.
Will try to avoid such issues in d future.