While Considering the Positive Outlook first to satisfy our souls and urge to see NIFTY in Green; I found a Butterfly Pattern with a possibility of reaching out to 24857.75, B Leg.
On other hand if there is any negative news spreading out and FII are good enough to bargain best price they may take this up to 21653.30 creating a downtrend in NIFTY forming AB=CD Pattern
All these are approximate levels.
I am not a SEBI Certified RA. This Idea is completely educational based on Harmonic Technical Analysis.
On other hand if there is any negative news spreading out and FII are good enough to bargain best price they may take this up to 21653.30 creating a downtrend in NIFTY forming AB=CD Pattern
All these are approximate levels.
I am not a SEBI Certified RA. This Idea is completely educational based on Harmonic Technical Analysis.
注释
Nifty has taken reversal from the day of the post and gave around 700 points approx. but this leg is not for taking any trade. I expect 24630 will be touched to complete its D leg and can give good corrective short trade. Post this correction NIFTY can continue to its impulsive direction.注释
Please be aware that I am not updating internal structures and patterns注释
I am seeing a Deep Crab Pattern Forming (confirms when Nifty Crosses 23460); to aim at D leg 22277.70注释
Interna Bat Pattern completed its D leg at 23639.注释
Expecting NIFTY to touch 22277.70 as Gartley D leg ends there.注释
Nifty Following our footprints. Seems more correction to come
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