Nifty forward prediction

By Ilikethehell

Updated

Monday market could open gap up to 11956 if sustains that level then move up till 12150. Also 12000 is a strong supply zone if it breaks below 11900 then it can create a perfect AB=CD pattern donwn to 11616.

Note

snapshot

Nifty bearish double conformation first is AB=CD pattern and then there's a H&S too

Note

I'm seeing nifty from 11820 to 11900 level will bounce to new high 12200, 12400. more downside is limited

Related publications

If Nifty closes below 11838 then another 221 points down

by Ilikethehell

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.