Indice Nifty 50
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Nifty

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Nifty has entered into a Bearish Bat Harmonic Pattern PRZ today. However, the structure suggest that it will complete a Bullish 5-0 Harmonic Pattern. Any dip till 11550-11450 could see strong support which could then take this to 12000-12050 to complete this BAMM pattern
Nota
Even though the bat gets negated above 11970. Will consider it closed above 11925 spot
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bearishbatformationBullish 5-0Harmonic PatternsNIFTYTrend Analysis

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