1. A formation AB=CD Pattern from the Recovery Level From 7567 on One Hour Chart, Keeping BC =0.609 and BD =1.61. The "D" point formed @ Rs 9323 (Near High on 17/04/20)
2. Then , I Drawn an Cypher Pattern keeping the same above A ,B , C , D Point derived from AB = CD Pattern.
3. Cypher Pattern indicated XB=0.615 AD=1.359, Assuming XD = 0.785. The "D" Point formed at Rs 7971.
4. Recently , AB=CD Formed formed on 15 Minutes from the recovery point from Rs 8989. So, "D" point formed at Rs 9333 ( Near High 17/04/20)
5. So, Nifty Going to fall on 20/04/20
6. Temporary Retest the Price level of 9300 may happen.
7. The Price flow diagram is diagram with the help of Fibonacci Retracement and Pitch fan.
8. Price Levels Sell Below 9276 Target 9246 , 9223 ,9201
Trade active:
Nifty is now ready for the Fall
