Will Nifty to touch 10500 and fall back to 9k series ?

NSE:NIFTY   Nifty 50 Index
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
Trade active
Comment: Bearish butterfly
Trade active: If spot price crossed above 10145, then bearish butterfly pattern may get fail...
Trade active: Butterfly nicely falling downside... from 10124 to 9910
Trade active: butterfly flying near to target 1
Trade active:
Trade active: Made low - 9785
Trade active: Target 1 - 9750 Achieved.
Bearish Butterfly pattern
Trade active: Made low of 9685... 400+ points gain...
What are the targets? but is it gonna be one directional? will you have stops in place?
+1 Reply
raj3elite Parasuram
@Parasuram, Target 1 9748 done and possible to touch 9400 but before may have some correction movement on upside..
What your view for tom...
raj3elite chetanjain86
@chetanjain86, Trend is not bearish on EOD but may possible to touch 1 (mentioned on this chart) and if broken 1 then leads to 2.
raj3elite AbhishekHSinghCMT
but the alligator mouth is still wide open! :D
+1 Reply
raj3elite Parasuram
@Parasuram, hahaha... yes sir.. my view, if nifty cross 10145 (spot) then may test the level 10500 (spot).
Parasuram raj3elite
@raj3elite, ok! My view a new high tomorrow / day after and a correction of 100-125 points for 2-3 days and then march towards 10500 plus
+1 Reply
raj3elite Parasuram
@Parasuram, k sir... let see how market will find the way... ;-D
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out