Nifty - Harmonic Butterfly - Long Long

Nifty 50 IndexNSE

Descrizione

⋅ 18 mag 2020 12:21

Nifty 1hr chart has formed Harmonic Butterfly Pattern.

Hence, we can go Long Nifty @ 8700

Target 1 - 8900

Target 2 - 9400

Target 3 - 9700

SL - 8500

Disclaimer: Kindly do your own analysis before executing the trade

Trade attivo

⋅ 21 mag 2020 08:37

Target 1 - Reached

Trade attivo

⋅ 30 mag 2020 08:37

2. Target 2 Reached

And Correction in Target 3 - 9600..

As per Harmonic Bat Pattern.. Nifty has resistance at 9600 and 10000.

May be Nifty be reverse... So book the Profit and exist.

Harmonic Patterns Butterfly

Commenti

mgfk

⋅ 31 mag 2020 06:37

Can we short nifty now? what will be the long? kindly advice.

Caapinves

⋅ 31 mag 2020 06:47

@mgfk, - Yes we can go for the short once the nifty reach it resistance @ 9650 to 9700.

Once, it retraced below to 9600.. we can go head for the short position.

UnknownUnicorn6418960

⋅ 18 mag 2020 12:58

1.27 of XA should be cd in butterfly

Caapinves

⋅ 18 mag 2020 13:11

@WILYTRADER2020, - yes it 1.27.. but at time of publish is missed by me to change it.

1.27 is close to 8675...

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