Latesh_Narula
Long

Is Bank NIFTY A buy ??

NSE:BANKNIFTY   NIFTY BANK
NSE:BANKNIFTY             a buy ??
Read Chart for details.
Comment: low of yesterday was 10295.. till it is nt taken out pattern is intact .
Hi,
I am new to this technical analysis pattern.
Can anyone please say name of this analysis.
How ABCD is drawn.
Just name it I will find tutorials about this.
Thanks
Wuza
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is it bearish bat?
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Latesh_Narula Ninjahattori
+1 Reply
Ninjahattori Latesh_Narula
@Latesh_Narula, than what it is?
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Latesh_Narula Ninjahattori
@Ninjahattori, gartley
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Ninjahattori Latesh_Narula
@Latesh_Narula, ok but it looks like bearish cypher because in bearish gartley bc should be 38.2% or 88.6% of the AB right?
correct me if i am wrong sir
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Latesh_Narula Ninjahattori
@Ninjahattori, they are almost the same in criterion , Gartley is a traditional pattern . After it , the other harmonics were founded.
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Ninjahattori Latesh_Narula
@Latesh_Narula, sorry sir its perfect i misunderstood ur pattern
anyways nice spot
Reply
Latesh_Narula Ninjahattori
@Ninjahattori, secondly it is Also ABC .
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Ninjahattori Latesh_Narula
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