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Nifty (india)- Ready for the next retracement?

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Nifty 50 Index (NSE:NIFTY)

NSE:NIFTY Nifty 50 Index

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Nifty may be ready for next swing move down before gathering steam to challenge previous highs. Analysis is based on harmonic pattern analysis.

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Comments

how can one confirm xabcd without the completion of c wave.

does that mean nifty to go 9200 after touching 8200?

what is pattern name

dr_professor_nifty

@dr_professor_nifty,
XABCD is pattern from the name of the points , Is there any time element involved in this pattern or you can use any swing points irrespective of their distance with regards to time ?

neneram

@neneram, ok

neneram

@neneram, but any ratio needed