NIFTY fills the gap ,shaking out weak players yesterday.

there was no reason for selling yesterday which I think only to send wrong signals to retailers .
when FII are in buying spree there is reason for any panicky of course today's figure I don't know.
reliance has bounced from a definite harmonic pattern .
harmonic patterns do work for bullish reversal during bull run so we should not look for any bearish reversal using harmonic patterns
that is too dangerous in daily or weekly time frame.
I had published one cypher pattern for nifty which was meant for bullish reversal in case of any decline.
however that pattern was negated as nifty took out the high of that time.
different levels for target and support shown in the chart.
I think this expiry may not be a dull and non trendy day which had been allowing option writers .
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check my previous posts for nifty which have been tracking its present run day by day.
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