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as you can see this is a 5-0 pattern from Harmonics trading. one can enter into this trade with an stoploss of 86953 your target should be at 82820
1
so Nifty succesfully has formed two harmonics pattern. 1. 5-0 pattern which typically pesents a bullish view. 2. Cypher pattern which presents a bearish view in a short term. according to this, one must have to close their CE writing positions at 22180 or 22105.15 and start writing the PE options of 22150 strike or whichever they are comfortable in it. whoever...
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