SHORT TERM VIEW --- NIFTY IN TRIANGLE

Right now NIFTY is trading in triangle (height of triangle approximately 230 points. So if it gives hourly close above 5380,  it will target 5580-5600. At the same time if it gives hourly close below 5310-20, it will target 5100. Lets see which way it breaks.

DISCLAIMER: This Blog is meant for sharing my trading ideas only and no calls to be taken as trading recommendation. Visitors please do your own research or consult your advisers for safe trading.