Script made 581.80 as days high in cash segment forming a cipher pattern. One should avoid taking long positions. Pure educational purpose not advising/recommending for trade. Happy learning.
Hi,
A potential bearish Gartley pattern completed on nifty with RSI divergence.
Price action may give us a nice opportunity for an extended target which will be the completion bigger BAT pattern in the picture.
Target 1 - 10713
Target 2 -10601
Target 3 - 10421
Target 4 (extended, completion of bat pattern) - 10065
Trade with care,
Gulz.
