Hello traders Nifty Analysis via AB = CD pattern -------------------------------------
hourly AB = CD
target "C" is still pending -------------------------------------
Daily AB = CD
target "C" is still pending --------------------------------------------------
on Daily around 3 closing happened below previous swing low 23263 so its very much possibility that we are not crossing 24860 which is point "B" in hurry
but due to some big economic and political events are in less than one month so some big volatility possible
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Disclaimer :- Technical Analysis Charts provided for research and study purpose. Please be aware of the risk's involved in trading & seek independent advice, if necessary.
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technically market is in Sell ON Rise mode
so any upside near 24850 is a great selling point with a small stop loss of around 2% like 25250 on closing basis
İşlem aktif
300 point profit running
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400 point profit running
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hourly point "C" Achieved
now 450 point profit running from posting this trade
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accurately 0/0 hourly target 22826 achieved
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after achieving hourly "C" point 22826
mkt bounce back today from their for short covering
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