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absu21
Nov 29, 2020 1:31 PM

SGX Nifty Future Forecast in ABCD Pattern Long

GIFT NIFTY 50 INDEX FUTURESNSEIX

Description

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.
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