bijoy2526
Long

BANK NIFTY TARGET MORE THAN 33000

NSE:BANKNIFTY   NIFTY BANK
DEVELOPING BEARISH BUTTERFLY
PRZ MAY TAKE IT TO 1.27-1.618 EXTENSION OF XA
WHICH IS MORE THAN 33000
WAIT FOR BANK NIFTY TO HIT ALL TIME HIGH AGAIN

Comments

Hi Bijoy,
Thanks for your posts. I regularly follow them.
I have a query regarding Bullish Shark pattern above, isn't it necessary for point C to be after point B on time frame?
Regards,
Sushant
Reply
bijoy2526 SushantBhargava
@SushantBhargava, thanks for asking two harmonic patterns have been merged previous one bullish shark
hence overlapping occurring.
Reply
@bijoy2526, Sorry for the confusion, my query was for bearish butterfly pattern, wherein 'C' should lie on 7-Oct week low rather than 16-Sep, as 'B' high point is taken on 23-Sep.
Regards,
Reply
bijoy2526 SushantBhargava
@SushantBhargava, yes thanks for pointing out.yes it should be.
Reply
bijoy2526 bijoy2526
@bijoy2526, yes c point to be shifted to the right to 7 th oct low.thanks very much for pointing
Reply
@bijoy2526, thanks for the confirmation
Reply
bijoy2526 SushantBhargava
@SushantBhargava, welcome . that point had escaped my notice.
Reply
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