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Dinesh_C_Nagpal

Nifty

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Nifty 50 Index (NSE:NIFTY)  
Dinesh_C_Nagpal Updated   
NSE:NIFTY   Nifty 50 Index
Harmonic Patterns Trend Analysis bearishbatformation Bullish 5-0 NIFTY
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harmonicpatterns trendanalysis bearishbatformation bullish5-0 nifty
Nifty has entered into a Bearish Bat Harmonic Pattern PRZ today. However, the structure suggest that it will complete a Bullish 5-0 Harmonic Pattern. Any dip till 11550-11450 could see strong support which could then take this to 12000-12050 to complete this BAMM pattern
Comment:
Even though the bat gets negated above 11970. Will consider it closed above 11925 spot
Trade closed: target reached
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