continuing from my last post on nifty, I am still continuing my bullish view.
Now we have 5 weeks closing in Red. Probability is very high to have a green candle
next week.
Also, better risk reward ratio is definitely for upside now.
With a small SL I would like to go long from here.
This time I have drawn Harmonics ABCD pattern too.
If in case bullish move continues from here we can keep trailing our SL untill we close above 20000. And if it does manage to close above 20000 mark.. this ABCD pattern will get activated which shows a potential target of 20700-750.
Lets see how it plays out from here.
Now we have 5 weeks closing in Red. Probability is very high to have a green candle
next week.
Also, better risk reward ratio is definitely for upside now.
With a small SL I would like to go long from here.
This time I have drawn Harmonics ABCD pattern too.
If in case bullish move continues from here we can keep trailing our SL untill we close above 20000. And if it does manage to close above 20000 mark.. this ABCD pattern will get activated which shows a potential target of 20700-750.
Lets see how it plays out from here.
