Hey You Color , Color Chartiest , Keep posting , but do me a faver if possible , post the same view on Higher time frame
Cheers
Einstein15
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@shiv2798, Well, here is one possible setup on DAILY timeframe.
AB = CD can be achived in near future. BUt again ,its stucj betwen 161 Fib extension.<of the entire cup and handle>
It can bounce between 127/141/161 levels for a bit <untill nifty decides its trend> before it can break the 161 and rally up to complete AB=CD.
or it can break 161 right away , assuming the Nifty is done its retrace and will move up next week or it can just get dragged down along with Nifty.Bouncing between levels as seen on 15-min chart.
shiv2798
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@Einstein15, Wow grate work , You are very kind full , thanks for the information
Cheers
Cheers