May 19, 2021

NIFTY EOD charts

- nifty closed 0.5% in negative at 15030
- AD was 5:4

- note 15000 provided resistance earlier
- this level should now provide support

- rising wedge seen
- for further bullishness, nifty must cross 15150 with speed
- failure to cross upper trendline can make bulls uncomfortable

- break of lower trendline will be confirmation of further bearishness

- note triangles are very difficult to trade

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