Hello and a warm welcome to this analysis on NIFTY
At today's high of 17285 Nifty activated two bearish harmonic patterns, namely, Reciprocal ABCD (140/70) and Straight ABCD (70/140).
These suggest that unless 17290 is not broken Nifty could retest 17050/16950
At today's high of 17285 Nifty activated two bearish harmonic patterns, namely, Reciprocal ABCD (140/70) and Straight ABCD (70/140).
These suggest that unless 17290 is not broken Nifty could retest 17050/16950
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.