NIFTY 50 – Daily Chart | Symmetrical Triangle Formation |Nifty 50 IndexNSE:NIFTYSukhaGurdaspuriaNIFTY is currently consolidating inside a symmetrical triangle pattern on the daily timeframe. *Lower highs are forming along the descending trendline. *Higher lows are forming along the ascending trendline. *Price is compressing toward the apex. Volume appears to be gradually declining during consolidation. This indicates a volatility contraction phase, and a strong directional move can be expected after a breakout.