Nifty has entered into a Bearish Bat Harmonic Pattern PRZ today. However, the structure suggest that it will complete a Bullish 5-0 Harmonic Pattern. Any dip till 11550-11450 could see strong support which could then take this to 12000-12050 to complete this BAMM pattern
It has made a bearish harmonic Alt Shark and an Evening Star Doji. A pullback till 675-650 is probable. A weekly close below 715 would be ideal. View negates above 735
ICICI BANK has been one of the most resilient banking stocks. on weekly charts it is heading to important resistance zone where trendlines converge around the 500 area
please study the chart and do your own risk analysis
do your own analysis and take ur decision...SL 277
Keep watching....
i can see good up move above 155..
see the chart ,how it is behaving ....
For November series, i can see buy for more up
Range 525 to 550 Support 500_cb Up Side 700 TF Srt-Trm
Just for personal observation TGT 140 SL 110 No TF right now