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Technical View: Nifty forms a ‘High Wave’ pattern; 10,699 crucial level for Thursday

Technical View: Nifty forms a ‘High Wave’ pattern; 10,699 crucial level for Thursday
May 16
18:29 2018

Technical View: Nifty forms a ‘High Wave’ pattern; 10,699 crucial level for Thursday A High Wave kind of pattern is formed when there is a long upper shadow and a long lower shadow with a small body. The pattern is similar to a spinning top or a Doji kind of pattern but in the high wave, the shadows are longer and there is a small body.

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