nifty is short since nice BAT pattern completed, and bar reversal pattern formed. target is initially 8800, as there is a support level there.https://www.tradingview.com/chart/RsS9yB3p/
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though the BAT pattern is not valid, but price action is bearish only.
Trade active
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this is a shark pattern
Trade closed: target reached
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close the SHORT position, since the bullish signal at 9131 & the same confirmed today by trading above this level. encash the profit.
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asnv.santosh
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Again nifty will test all time high. My view is long in nifty.
@molugururaju, your A TO C IS COMING MORE THAN 100 PERCENT LIKE 1.045.ITS INCORRECT .A TO B RETRACEMENT TILL C POINT CAN NEVER BE MORE THAN 100 PERCENT
thanks for the clarification, then the above pattern is not valid. thanks for the correction.
sandy1
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@molugururaju, YES YOUR VIEW IS PERFECT BUT PATTERN IS INVALID .
I CAN GIVE YOU THE NO OF A GUY WHO IS CHAMPION IN HARMONIC JAY PUROHIT,HE IS A TRADER /TEACHER .HE CAN MAKE YOU PERFECT IN HARMONIC .I HAVE LEARNET HARMONIC FROM HIM
i would like to inform you that the above pattern drawn by me is a shark pattern , hence is a valid pattern as in this pattern , C point will breach A point.
this pattern demands a correction after completion of the pattern,. hence my view is justified.