AGAIN HARMONIC PATTERN Long

Nifty 50 IndexNSE

Description

⋅ Oct 22, 2019 4:23 PM

BULLISH BAT THIS TIME.
NIFTY HAD RED CANDLE TODAY WITH HIGHER HIGH AND HIGHER LOW.
INFOSYS ALONE CONTRIBUTED AROUND 115 POINTS IN THE NEGATIVE SIDE.
UPWARD MOVEMENT OF NIFTY MAY RESUME.
STOP LOSS SHOULD BE BELOW D

Comment

⋅ Oct 22, 2019 4:25 PM

STOP LOSS SHOULD BE BELOW X NOT BELOW D AS WRITTEN ABOVE.

Comments

sanjivt

⋅ Oct 22, 2019 6:32 PM

Pls share your target for the long NIFTY.....thanks

bijoy2526

⋅ Oct 22, 2019 6:40 PM

I will tell once it reverses,

mrahul01

⋅ Oct 22, 2019 5:28 PM

sir just my view, shouldn't the retracement from A to B, should be near 78.6??

bijoy2526

⋅ Oct 22, 2019 5:32 PM

@mrahul01, AB RETRACEMENT SHOULD BE .382 TO.5 OF XA. IN THIS CASE IT IS EXCEEDING SLIGHTLY.

mrahul01

⋅ Oct 22, 2019 5:37 PM

@bijoy2526, thank you sir, for the clarification! I am just a beginner so asked to clear my doubt.

bijoy2526

⋅ Oct 22, 2019 5:38 PM

@mrahul01, NO PROBLEM YOU ARE WELCOME