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sanstocktrader
Dec 2, 2017 3:01 PM

Nifty : Lower High and Lower Low below 10090  Short

Nifty 50 IndexNSE

Description

After making lower high @10407 any close below 10090 will confirm Lower high & Lower Low formation .

Bearish Bat harmonic pattern also in progress. Below 10090 Nifty may take support @9910 which is upper PRZ
of bat pattern ( 161.8% BC projection ) and final support @9770 Lower PRZ ( 88.6 % of XA leg ).

Bulls need to defend 10090 for any possible recovery .

Comments
Yp2303
Agree with ur views sirji, looks more realistic
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