Aarti ind. is making a perfect harmonic pattern and it will go down up to 656 then if it shows a sign of reversal, we can take a long call for a target of 860.
Note:- I'm not a SEBI registered adviser or broker this analysis is only for education purpose, take your trading decision as per your financial adviser.
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As of today nifty break its previous support now Nifty will test 14400 in the near term which is also a 2nd may 2021 support. So, make short on every new high.
RSI also may be tested at 12 level which is a level of 12th March 2020.
Note:- I'm not a SEBI registered adviser or broker this analysis is only for education purposes, take your trading decision as per...
As Nifty is making a bullish harmonic pattern on 2 hours chart frame. Monday Nifty will open gap down and take support near 16070 if nifty hold 16070 and reverse from that level or start consistently trading above 16100 for a few minutes then we can take a long call on nifty for the target of 17310.
This is a Nifty Future chart SGX:IN1!
Note:- I'm not a SEBI...