Harmonic pattern likely to be formed in Bank Nifty. The same is coinciding with a strong support band of 21200-21050.
Enter trade only if positive RSI divergence is seen. Views negated below 21050.
Note - Views only for educational purposes, not a trade recommendation.
GSK will be doing a stake sale tomorrow in HINDUSTAN UNILEVER the price could be between 1950-1850. As per Harmonic Trading Pattern study 1825-1850 has a bullish Crab. It also would be a retest of the rising trend line from where it had made a Bullish Cypher earlier this year. The reversal from high's was picked via a bearish Ichimoku set up which had completed...