STUCK IN RECTANGLE WILL WAIT AND TAKE CALL. WATCH OUT FOR EITHER SIDE MOVEMENT
NIfty is close an importnace of 1.618 extension of the move from the day of corporate tax cut.. if it can break above will become highly bullish with the result season approaching , can the largecap results and budget ahead propel it above it and sustain? time will tell
chart clearly given buy call
After declining from a Bearish Harmonic Gartley in Daily Time Frame it is consolidating and attempting a pullback. In Hourly Time frame its completing its triangle corrective and is now at good support of 20400-20300. If it sustains above 20100 then it can retest 21000
It is showing signs of reversal from the PRZ of a Bearish Harmonic Deep Crab. It could retrace till 765-750 provided it does not move above 825.
FURTHER BREAKDOWN OF RELIANCE MAY BRING OUT TO THE LEVELS OF 1468-1454. PLEASE SEE MY ATTACHED CHART