IN THE BULLISH MARKET HARMONIC PATTERN WORKING FOR REVERSAL. WATCH MY PREVIOUS CALLS
LONG NIFTY WITH STOP LOSS SHOWN IN THE CHART. IF STOP LOSS IS HIT REVERSE YOUR TREND FOR TARGET OF 11790.
AT PRESENT 11906 IS CRUCIAL LEVEL NIFTY HAD GONE BELOW THAT BUT HAS BOUNCED BACK NEAR TO THAT IF FALLS IT MAY GO DOWN TO SUPPORT (PRZ ZONE) NEXT SUPPORT FOR NIFTY 11802-11782 THEN 11591-11620. OVERALL SENTIMENT IS STILL BULLISH TILL THE HIGHER LOW IN MY CHART FOR DAILY TIME FRAME IS NOT BREACHED. BUT REVERSAL EXPECTED BEFORE THAT. PLEASE FIND MY CHART FOR NIFTY...
WATCH MY YESTERDAY,S POST. FOLLOW ME TO GET SUCH IN FORMATIONS. LIKE MY POSY IF IT HAS HELPED YOU
IT SEEMS NIFTY WILL BE AT ITS OWN ALL TIME HIGH SOON IT IS IN STRONG BULL RUN. WHEN A STUFF IS IN BULL RUN IT DEFIES EVERY THING. IT DEFIES OVER BOUGHT CONDITION,COMMON OPTION CHAIN AND PREVAILING ECONOMIC CONDITION TOO. TARGET 2 IS IN QUITE STRING RANGE. TODAY WAS NR7 DAY FOR NIFTY. WHETHER IT WILL STRIKE ALL TIME HIGH TOMORROW OR IN THIS MONTH LET US SEE.
TARGET 1 IS ACHIEVED NIFTY IS NOW IN BULLISH MODE AGAIN
STOP LOSS SHOULD BE BELOW POINT X. LONG FOR ATLEAST TARGET 1
CONSECUTIVELY FOR THE 2 ND TIME IT HAS FORMED INSIDE BAR. BUT UNABLE TO TAKE OUT THE SLANTED TREND LINE. FOR HIGHER LEVELS IT HAS TO TAKE OUT THE SLANTED TREND LINE AND HIGH OF MOTHER CANDLE IF BREAKS LOW OF MOTHER CANDLE IT WILL TAKE SUPPORT AT THE LOWER TREND LINE.
WE ARE IN BULL MARKET.SEEMS 12000 MAY BE ACHIEVED SOON. WATCH MY SATURDAY'S CALL. IF THERE IS NEGATIVE NEWS WE MAY PROCEED TO MUCH HIGHER LEVELS.. LIKE MY POST IF IT HAS HELPED YOU. FOLLOW ME TO GET SUCH UPDATES
IF TAKES OUT THE RESISTANCE LINE MAY TOUCH THE SLANTED TREND LINE.
BULLISH CYPHER PATTERN IN ADANI PORT. IN THE BULLISH MARKET IT IS COMING DOWN. AFTER SOME SIDE WISE MOVEMENT IT MAY COME DOWN TO PRZ ZONE FOR ANY REVERSAL.