"Nifty - Bearish Setup ahead of Expiry" by trader bbrijesh — published 2016-12-27

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Nifty 50 Index (NSE:NIFTY)

NSE:NIFTY Nifty 50 Index

nifty harmonicpatterns bearish

* Bearish Harmonic would trigger around 8,085 (+/- 10pts) levels
* 200DMA @ 8,102
* Overbought Stochastic

> The formation negates above 8,135

target for shorts ??

EbrahimNoorani

@EbrahimNoorani, Target around7830-7870

EbrahimNoorani

@EbrahimNoorani, 
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<p><a href="https://in.tradingview.com/chart/NIFTY/QVWHr5c5-Potential-Reversal-Zone-Death-Zone/">Potential Reversal Zone/Death Zone</a> by <a href="https://in.tradingview.com/u/niftyintune/">niftyintune</a> on <a href="https://in.tradingview.com/">TradingView.com</a></p>

niftyintune

@niftyintune, what is this??

200SMA hourly @8102 not DMA,should be good RR short

madhavsr

@madhavsr, Thanks for correction

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