satheeshSelvisubramanian

Nifty Future Trend and Pattern Analysis -10th OCT(Daily TF)

Short
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Current Pattern:
1) It clearly shows Nifty forms M Pattern Structure
2) Currently it took a resistance around 0.5 level of Fib
3) Since M structure broken we can see down move of 755 point from bottom of M structure

Target:
So Target would be around 16450( which is 1.236 level of FIB)

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