vnagaraj0803

Nasadaq Index Analysis - Harmonic Pattern

Long
NASDAQ:IXIC   Nasdaq Composite Index
Dow Jones and Nasdaq have given a clear positive outlook. Nasdaq has formed a perfect ABCD pattern and has given clear break out at 61.8 Fib level.

This indicates that the US market looks positive and hence i see an up-move in the Indian indices as well.

The targets are as mentioned on the chart.

This is for educational Purpose only.



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