Nifty 15690 - AB=CD pattern for NSE:NIFTY by subravi

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Trend Analysis AB=CD

203 views

trendanalysis abcdpattern

Nifty 15690 - If follows AB=CD then Nifty could test 159998 between 14 June to 17 July 2021.

Comment: Nifty has broken support 15698.

Order cancelled: Nifty doesn't fit to AB=CD pattern as AB and CD are not equal in time. Thanks to starttrade2020 for pointing out this. This Posted view is cancelled.

Comments

there will be a big fall in 10-20 june period(app 1000point correction)after that fresh bull wave will start.

ckirtane

@ckirtane,Could you please post the reasoning/study behind that ?

subravi

@subravi, AB and CD should be equal in time and price but dont you think its taking much more time in CD?

starttrade2020

@starttrade2020, Yes, You are correct. I missed that point. Thanks for pointing out. So Nifty doesn't fit AB=CD pattern and negated the view.