Short. With a target of 7700.
.127 of the last rally exactly touches 8633 which is the target of the daily set up
likely to breach yearly highs
Nasdaq has more downside to it as it is in a bearish trend. At 4500 levels it might make a double bottom and that might be a reversal sign
A bullish gartley pattern on the daily chart signifying downside upto 19000 levels.
Simple structure play, another downside of around 60-70 points in the nifty coming right at support, then longside upto 8330 as first target expected.
May come to reversal zone which is also daily support then may reverse.
2 .618 retracements signalling a potential gartley pattern on to the 65.500 range.
A bearish bat pattern set up. Go short at 8250 levels which can see a down move on to 8000 mark.
Its been bearish for a long time. But now a break of structure on the upside. However it would test the previous resistances which would now become support which can see a 200 point decline only to rally past the previous highs.
Wedge Breakout anytime now
On its way into .618 only to go lower
Waiting for confirmation
Completion of .618
Completion of .718 retracement in Fib and a double top and on its way into the .618 retracement in its latest move
Head and Shoulders Pattern and completion of .618 Fib