Niftymovers
Long

NIFTY ABCD Pattern

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
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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