Dinesh_C_Nagpal

Nifty

Short
NSE:NIFTY   Nifty 50 Index
Hello and a warm welcome to this analysis on NIFTY
At today's high of 17285 Nifty activated two bearish harmonic patterns, namely, Reciprocal ABCD (140/70) and Straight ABCD (70/140).
These suggest that unless 17290 is not broken Nifty could retest 17050/16950
Trade closed: stop reached

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