Long

NIFTY Comprehensive IHNS / QM pattern Forecasting ONLY

Updated

This pattern assumes any immediate correction will take support from 11250-11370 and give a follow up breakout above after a bigger 5th leg is formed successfully.

Note to be perfectly realistic, it's also possible the secondary correction already done at previous low at 11380 as small "buffers" are good enough, in that case also price need a decisive breakout above 11570..

Note

Tested resistance some fall expected from her, before it can give break out.

Note

Buy after the next pullback support.

Trade active

11450 tested, and bought afterwards.

Trade closed: stop reached

Exited at 11430 in this one and went short and covered short near 11300.

Strong negative cues from European Market.

Arijit_Q

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