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Gartley

Nifty 50 : Potential Gartley & Bat patternIn Nifty we have two potential patterns, when there is potential patterns bcos of greed we tend to trade CD moves, its really bad habit. You should not trade CD move during your learning phase of patterns. The safest setup is to trade after pattern completion from D point. In Nifty, a week before we had more than 300 points in 10 days just by patterns but that doesn't mean that pattern is winner everytime, we should realize that fact. The above patterns may or may not complete. If it completes I will trade this setup else I will look for other trade setups. Its simple as that but don't take positions just based on Belief that it will work,its bad for your capital ! Lets wait for pattern completion....If no, lets search next trade setup !
NSE:NIFTYLong
by InsiderB
18
Nifty 50 : Hearti'ley Gartley - Expecting Gap Up !Happy Monday Guys ! With 29 mins to go before Nifty goes live for the day, It will be thinking as " Shall I Gap Up for the day ?? " " What I can do to surprise them ? " . We are getting back to back patterns, we had Bearish Cypher which resulted in fall of Nifty & Bullish Cypher which kicked the price for Gap Up on friday right on Target-1 and Now, we have Beautiful Gartley and bcos of that reason I'm slightly biased towards Gap Up and hitting minimum Target 1. So this Nifty ranging will give Gap Up and reach our targets ? Let's see... Happy Trading !
NSE:NIFTYLong
by InsiderB
19