Nifty may have a new rally coming.

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As per sea pony and sea horse pattern drawn on the chart. Nifty respected D point but went for a stoploss hunt before bouncing. The recovery until C was 172 points, as per theory if everything's work in favour the Nifty may rally until 15940.
Important thing here is to be break 15800 barrier first.
Let's hope for the best.
Trade chiuso: obiettivo raggiunto
short covering throttled NIfty above 15950.
Chart PatternsHarmonic PatternsNIFTYnifty50

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Declinazione di responsabilità