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raj3elite
Jun 22, 2017 6:34 PM

Bull Shark pattern on Nifty Long

Nifty 50 IndexNSE

Description

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.

Comment



Almost pattern got filled and here i have pasted updated chart image.

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.
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