NIFTY ANALYSIS -- might touch 18175-18200
Nifty on 1 hour chart, Bounced from 200 days moving average.
Second point to note is this is exact 50% retracement of AB.
So as per Harmonics nifty might touch 18175-18200 soon.
Conditions for Harmonics ABCD pattern:
1. Point C(17660) should not get broken.
2. Nifty should give closing above point B (17920).
Other wise nifty will be in range between point B (17920) and point C (17660).
Second point to note is this is exact 50% retracement of AB.
So as per Harmonics nifty might touch 18175-18200 soon.
Conditions for Harmonics ABCD pattern:
1. Point C(17660) should not get broken.
2. Nifty should give closing above point B (17920).
Other wise nifty will be in range between point B (17920) and point C (17660).
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.