Look at the chart. icici bank has clear move and going to start h&s pattern.
Sell price- 360
Abdc pattern also found in the chart which gives us double conformation.
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Market is supreme hence took trade at your own risk. For educational purpose only.
Nifty is still bullish and we can easily seen the unformed abcd pattern in 30 min time-frame. So look for buying on Monday session.
This is just the analysis. Market is supreme hence do your analysis before took any tread.
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CD=1.27 of AB
CE=1.618 of AB
For Long position
* Buy from 21470
For Short position
* Sell below 21150
Hope you can understand the analysis.
Thanks the viewing mu idea.
Banknifty is in the Bull run. ABCD pattern clearly seen in 30 min time frame and it helps us to find the next target.
We can go long from yesterday high to point D which is 21250.
If we will see any correction from point D which is 21250 then we can built a short position from there with 100 points SL.
Target for short position is 20750.
Good Luck and happy...