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k314

NIFTY weekly chart study (once in a lifetime opportunity)

Long
Nifty 50 Index (NSE:NIFTY)  
k314 Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Harmonic Patterns Technical Indicators NIFTY BANKNIFTY nifty50
18
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trendanalysis harmonicpatterns indicator nifty banknifty nifty50
Nifty has been finding support at the pitchfork bottom since early 2016.
Buy on dips till 9700 as upside is massive!

Below 9400 this setup becomes invalid
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Nifty curves on day chart

snapshot
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Nifty so far making a decent bounce
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The support is been broken. We will hold long term bullish view only after Nifty makes a new all time high. Until then we will be looking for opportunities to short
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Nifty finding resistance at the parallel line since Oct 2018
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Nifty moving in alignment with the trendlines so far
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Had published the idea when NIFTY was trading around 10k+
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