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elvarsan

NIFTY50 - Harmonic Patterns

Short
Nifty 50 Index (NSE:NIFTY)  
elvarsan Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Harmonic Patterns nifty50 gartleypatern
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trendanalysis harmonicpatterns nifty50 gartleypatern
Go short only at the levels mentioned.
Any close above the PRZ invalidates the pattern, trade accordinlgy.
Comment:
Short around 10500
Comment:
I checked the chart with other technical, its certainly in short zone. Short zone is 10450 (min) - 10650 (max). Perfect short range 10550, SL 10675 only on closing basis.
Comment:
Solid 250 point reversal from the mentioned 10550 precise level... Can expect more fall in coming days
Comment:
Aim for 10000 level as Target 1. Once the lower trend line breaks, then more fall is guaranteed.
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