Dear All,
Nifty Target 4580 achived today as Nifty made day low at 4571 , Now if we close below 4580 on closing basis we will head toward 4500, 4450 in coming days and bearish Rising wedge will get confirmed this pattern will get cancelled as said earlier if Nifty close above 4680.
Sensex and Nifty are making Rising wedge a Bearish Formation so the targets of rising wedge are 14780, 14000 for sensex , rising wedge will get cancelled if we close above 15780 , and Target for Nifty is 4500, 4450, 4400 .
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Thanks & Regards
Abhay Mehrotra
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