Nifty 50 IndexUpdated

#Nifty's route=map for 9th May

Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study.

This Analysis has Based on Harmonic Pattern, Fibo & Price action.

Note:- Any of the mentioned levels will be considered for LONG or SHORT, when a fresh candle starts forming above or below the level respectively. Can be used lower timeframe for ENTRY & Exit. But suggest to see 30 minutes Time-frame at least for price movement confirmation.


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HAVE A GOOD GREEN TRADE
Note
Long above 16260 only if candle close
Target will be 16350-400
Note
Start SL trailing From 16340
Note
Target Has achieved...

Now, if Candle get closed above 16375 in 4 hour time-frame.
Then can take Entry...
T1 - 16550
T2 - 16800
SL - 16330

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