NSE:NIFTY   Nifty 50 Index
We expect a gap down on Nifty             by Monday towards 8765 then a pull back towards 8860 then a sharp sell off towards 8560, below 8550 we are expecting nifty             to drag towards 7900.
Trade active: Nifty open well below our expected level of 8765, now 8765 act as a stiff resistance only above 8765 we expect some kind of rally towards 8850 otherwise 8560 is the next possibility.
Trade active: Nifty Bearish Island Reversal pattern in Today Daily Chart, An island reversal is a reversal pattern that forms with two gaps and price action in between the two gaps. These gaps tell us that the island reversal marks a sudden, and sharp, shift in direction.
Trade active: Nifty As expected near 8850 spot, now short the pull back.
Trade active: High 8847 now low 8750 sharp fall .
Trade active: Nifty Look like a Butterfly pattern Target 8613 . Invalid above 8830.
Trade active: High 8826.85 not breaking 8830 and now 8766 .
Trade active: Cypher developing Short
Trade active: Low 8838
Trade active: Low 8780 expecting 8730 in this leg of down side.
Trade active: Low 8735
Trade active: Nifty potential Gartley or Butterfly patterns developing Target 8640 and 8540.
Trade closed: target reached: Low 8558 Target almost reached trade close .
Trade closed: target reached: Low 8002
Thanks, Good Trading set up.
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Thanks Brother.
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Enjoy... amazing returns! :-)
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MindTrader mkpkarthik
Thanks Brother I am really happy if you get some return from my idea.
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thanks and following your good idea/regards
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MindTrader soibam666
Welcome Brother.
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