DineshKBhasin

DineshKBhasin

Nifty getting ready for further bearish move. Good to short around 8340 - 8370 range

DineshKBhasin

Bullish Bat Pattern in formation post Truncated Bull Wave . Bullish bat pattern will complete around 5670, so expecting the current fall to continue in corrective wave (A-B-C) like formation. After finding support around 5670, nifty will bounce back at least till 7620.

DineshKBhasin

NIFTY seems bullish from 7910 support being within the bat pattern. might break out of upper resistance of 8950, but still remain in bat pattern and perform break out test (8950) , and then further breakout of bat pattern to make new highs.