Bull Shark pattern on Nifty (spot) but the price not yet fill the pattern so need to wait for completion of the pattern. Once the pattern get filled then bull shark will take over the price to upside. I am expecting to fall up to 9550 and pattern also get filled. This pattern gives you the signal to buy(long) only.
Levels of Nifty (Long)
Level to enter - 9562
Level 1 - 9596
Level 2 - 9637
Level 3 - 9660
Note : The price either may fill the pattern nor run away from the pattern in between.
Levels of Nifty (Long)
Level to enter - 9562
Level 1 - 9596
Level 2 - 9637
Level 3 - 9660
Note : The price either may fill the pattern nor run away from the pattern in between.
Trade active:
Nice breakout...
Trade closed manually:
Open with good breakout but later, it gives the false breakout due to huge fall.
Comment:
Now, it will consider as false breakout.
Almost pattern got filled and here i have pasted updated chart image.