KushGhodasara

#Nifty target 15600 if we hold 14560 this week!

Long
NSE:NIFTY   Nifty 50 Index
Last week was all about volatility during intra day trades but the closing has been bit confident for bulls...Of course if we looked at absolute change it was negative but on charts it has confirmed that week was a normal profit booking making rally more stronger and safer. Last monday we formed a "Bullish Harami" pattern on daily charts which is a bearish reversal pattern generally formed at the low of the trend. Same pattern was confirmed subsequently in 2 sessions. On the other hand, Friday's low was exactly 50% corrective of the rally from HARAMI pattern low. So next week , if we hold low of the pattern at 14500-14550 then we can get to minimum of 15600 in coming weeks. #StayLong

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