Technical:
1) A rising wedge pattern was formed from 5th August until today.
2) At 3 pm today, a bullish candle crossed the upper trendline.
3) The following candle successfully sustained above the trendline.
4) Building on my previous Nifty idea on 06th Aug'24, the Nifty is still holding above the rising wedge trendline on a higher time frame
Please consider these points for educational purposes and let me know if anything can be added or modified technically.
1) A rising wedge pattern was formed from 5th August until today.
2) At 3 pm today, a bullish candle crossed the upper trendline.
3) The following candle successfully sustained above the trendline.
4) Building on my previous Nifty idea on 06th Aug'24, the Nifty is still holding above the rising wedge trendline on a higher time frame
Please consider these points for educational purposes and let me know if anything can be added or modified technically.
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