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Nifty Bank Index
Long

Bullish Gartley Pattern formed in Bank Nifty. Reverting from PRZ

By dr_strategy
Updated
Bullish Gartey Pattern is being observed in BANKNIFTY at around 23650 which also defines the Probable Reversal Zone with 0.618 to 0.786 Retracement of XA and 1.13BC = CD and also, AB = CD at 23750. Only, Time filter is to be completed. Wait for 3 days to make an entry before it filters the fibonacci time zones and try to buy at dip near 23750 with Stop Loss 23540 and a target of 24350. Risk = 210. Reward = 600.

https://in.tradingview.com/chart/vMCRu7ZP/
Trade closed: target reached
Trade Closed. Target reached.
GartleyHarmonic Patterns
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