It is been observed on the daily chart that the price action reaches to the strong support levels and completed a ABCD bullish pattern. It is indicative of an upward move ahead. It shall reach to 38.2% retracement of A to D leg.
Target (1): 18600
Target (2): 19000
Stoploss: 18100
交易進行
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交易進行
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Reaching to Target 1
評論
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Yesterday, Target 1 of 18600 reached before we had a down fall. Now, we need a close above 18600 levels to go further above to 19000 levels. Regards
評論
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We did close above 18600 levels, now it shall further move up to 18800-19000 levels. Regards
hi sir kindly check below 4 hr time frame. Is bank nifty forming any bearish head and shoulder pattern. bank nifty this month highest OI is at 17000 strike PUT with 10,94,480 its very strange QUANTITY.