NIFTY 50, D might form "Ab=CD" pattern .....

NSE:NIFTY   Nifty 50 Index
Well Nifty 50, is on its way to form AB=CD pattern. So if NIFTY holds it's present support then it might move to "D" & RSI 14 +Hidden Divergent confirms continuation of uptrend.....
we should avoid to preempt any move ,Becoz most of the time any preemptive move has produced very low successful ratio.
this is also the same pattern under development
debpaul ajayww2
@ajayww2, Well even I have drawn the pattern by following fibonacci retracement rules of AB=CD pattern and RSI 14 confirmation of uptrade....and it is also important to hold its present support....
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