Nifty 50 IndexShort
Will Nifty to touch 10500 and fall back to 9k series ?
Updated
2 Patterns found in Nifty monthly chart and both of them on bearish.
On Main Chart
- Pattern not yet filled on today (01/08/2017).
- I hope it will fill the pattern and the final level is 10500.
- Once if reach the level 10500, it leads to fall as per the pattern principle.
- Levels where mentioned on chart.
- The pattern is called Bearish Crab
Second pattern chart on comment
- Pattern got filled.
- It may start to fall from this level 10100.
- Levels are mentioned on chart
- The pattern is called Bearish Butterfly
On Main Chart
- Pattern not yet filled on today (01/08/2017).
- I hope it will fill the pattern and the final level is 10500.
- Once if reach the level 10500, it leads to fall as per the pattern principle.
- Levels where mentioned on chart.
- The pattern is called Bearish Crab
Second pattern chart on comment
- Pattern got filled.
- It may start to fall from this level 10100.
- Levels are mentioned on chart
- The pattern is called Bearish Butterfly
Note
Trade active
Note
Bearish butterflyTrade active
If spot price crossed above 10145, then bearish butterfly pattern may get fail...Trade active
Butterfly nicely falling downside... from 10124 to 9910Trade active
butterfly flying near to target 1Trade active
Trade active
Made low - 9785Trade active
Target 1 - 9750 Achieved.Bearish Butterfly pattern
Trade active
Made low of 9685... 400+ points gain...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.