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Nifty - Harmonic Butterfly - Long
Nifty 50 Index
Long
Nifty - Harmonic Butterfly - Long
By Caapinves
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Updated
May 21, 2020
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4
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May 18, 2020
Nifty 1hr chart has formed Harmonic Butterfly Pattern.
Hence, we can go Long Nifty @ 8700
Target 1 - 8900
Target 2 - 9400
Target 3 - 9700
SL - 8500
Disclaimer: Kindly do your own analysis before executing the trade
May 21, 2020
Trade active
Target 1 - Reached
May 30, 2020
Trade active
2. Target 2 Reached
And Correction in Target 3 - 9600..
As per Harmonic Bat Pattern.. Nifty has resistance at 9600 and 10000.
May be Nifty be reverse... So book the Profit and exist.
Butterfly
Harmonic Patterns
Caapinves
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