We expect a gap down on Nifty by Monday towards 8765 then a pull back towards 8860 then a sharp sell off towards 8560, below 8550 we are expecting nifty to drag towards 7900.
Trade active
Nifty open well below our expected level of 8765, now 8765 act as a stiff resistance only above 8765 we expect some kind of rally towards 8850 otherwise 8560 is the next possibility.Trade active
Nifty Bearish Island Reversal pattern in Today Daily Chart, An island reversal is a reversal pattern that forms with two gaps and price action in between the two gaps. These gaps tell us that the island reversal marks a sudden, and sharp, shift in direction.Trade active
Nifty As expected near 8850 spot, now short the pull back. Trade active
High 8847 now low 8750 sharp fall . Trade active
Nifty Look like a Butterfly pattern Target 8613 . Invalid above 8830. Trade active
High 8826.85 not breaking 8830 and now 8766 . Trade active
Cypher developing Short Trade active
Low 8838 Trade active
Low 8780 expecting 8730 in this leg of down side. Trade active
Low 8735 Trade active
Nifty potential Gartley or Butterfly patterns developing Target 8640 and 8540. Trade closed: target reached
Low 8558 Target almost reached trade close . Trade closed: target reached
Low 8002
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.