Nifty - Deep Crab Harmonic Pattern 14875-14900(Buy & Sell)

Nifty 50 IndexNSE

Description

⋅ May 7, 2021 7:26 AM

Last @ 14800 - 7th May2021

Buy with Stop loss below 14770 for Target 14850 / 14875

Sell Later Once Index Halts in 14875-14900 zone (PRZ-Potential Reversal Zone) for Deep Crab Harmonic Pattern ( Srtictly --------No sell if Index extends above 14900)

Comment

⋅ May 10, 2021 4:23 AM

09:50 Hrs / 10th May2021

Last @ 14929

Day High @ 14951

Gap up opening & upside push to 14951 finished the upside swing which got extended by 50 points

If this correction done- Traders have to be careful as slipping & holding below 14900 - Index has negative bias
Thanks

Comments

krihar

⋅ May 7, 2021 7:27 AM

Thank you

subravi

⋅ May 7, 2021 7:37 AM

Please check Point C. Seems it has not met 38.2%. I doubt pattern may not be valid.

Akshay77

⋅ May 8, 2021 8:18 AM

Thank you so much sir.. 🙏👍

samratkakkar

⋅ May 9, 2021 12:17 PM

Pls do update basis the closing on Friday . Thanks

WaveTalks

⋅ May 9, 2021 1:16 PM

@samratkakkar, Already updated - first buy & later sell in 14875-14900 if stops no selling above 14900 - all mentioned above. Thanks

samratkakkar

⋅ May 9, 2021 5:41 PM

@AbhishekHSinghCMT thanks. My apologies for not reading it correctly

gs0301589

⋅ May 8, 2021 1:51 AM

Very helpful for trading.

krajesh

⋅ May 7, 2021 9:39 PM

excellent analysis. Really helps alot for learning

praveen38

⋅ May 7, 2021 8:14 AM

Superb analysis as usual, benefiting retail traders if follows level to make profits.