OPTIONPREMIER

nifty 50 too complicated?

NSE:NIFTY   Nifty 50 Index
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everything well explained on chart
trade at your own risk
Comment: target 1 achieved in pre open

Comments

It's not Gartley, its Shark. Point C is beyond Point A. Hence BD is also wrong. Pattern is invalid
+2 Reply
OPTIONPREMIER rohankirtiraj
@rohankirtiraj, ok leave gartley in advance harmonics, if stock does not stop at .886 , then it can bounce off double bottom then 1.27 hen 1.414 etc.
+1 Reply
rohankirtiraj OPTIONPREMIER
@OPTIONPREMIER, there is no evidence on the graph supporting this claim. Trend Bias or Assumptions can be dangerous. Trade Reactively on pull-backs.
+1 Reply
OPTIONPREMIER rohankirtiraj
@rohankirtiraj, why i used 1.27 ? it is combining with channel line support so it will be a great PRZ
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