Niftymovers

NIFTY ABCD Pattern

Long
NSE:NIFTY   Nifty 50 Index
Nifty ABC Wave done, "D" level may be at 10500 on this august. Weekly chart. So be cautious. Any major fundamental change (Negative) will be not good for this move.
Comment: Worked great. didn't touch 10500 though.. Still it is a resistance

Comments

It May go there eventually But ur way ahead of Time. from current trding perspective may be it will go down from 8700 Level and if Budget fells to impress Market Movers, It can make New Low and may be make Bullish Bat Pattern. So Let See.
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Niftymovers HappyVijay
@HappyVijay, Updated Bearish cypher pattern. Price action is king. Also no technical can compete with strong fundamentals.
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