It can be seen on daily Chart that NIFTY is in process to form BULLISH CYPHER pattern.
Which can lead NIFTY to re touch recent lows levels in next 2 months.
If Daily chart NIFTY move out of the SPAN of CYPHER Pattern trade can be considered as closed.
Which can lead NIFTY to re touch recent lows levels in next 2 months.
If Daily chart NIFTY move out of the SPAN of CYPHER Pattern trade can be considered as closed.
注释
Right from 8th June level of 10281 till 18 June level 10199 this pattern is followed.From 19th June onward a clear break out is observed and following view can be seen as not sustainable.
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