absu21

SGX Nifty Future Forecast in ABCD Pattern

Long
SGX:IN1!   SGX NIFTY 50 INDEX FUTURES
SGX nifty is showing ABCD pattern where CD leg already have created an Fib extension of 1.272 AB at 13184.
It is already a bullish script now if it is breaks 1.272 level and goes up then it may go till 1.618 and further more 2 in fib level.

So the bullish entry should be above 13184 and Targets are 13622 and 14105.

Now if the script comes down and breaks the Fib extension level 1 of CD then it may gives a Target of 12500/ 12113/ 11836.