NIFTY calling

NSE:NIFTY   Nifty 50 Index
When any stock or index is moving in a channel, Harmonic pattern can be very useful in predicting possible breakouts.
If Nifty holds 8500 and starts moving upside then possibly we can have a D leg of a Bearish harmonic pattern in the making.
You can pick multiple X from the channel resistance.
There are other patterns too in the current Nifty chart.
Comment: This channel is full of structures. It all depends whether Nifty can hold 8500 tomorrow and show some reversal sign.
Comment: Nifty failed to hold 8500 and structures also failed. Nifty saved by the bell or previous support line will be watchful.


Nice one..lets wait n see whether c to d move happens, All the Best !
nirav5 InsiderB
Thanks Buddy!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out