Following my post on August 5 after a dead cat bounce,
Nifty has started to form Cypher or Shark pattern on weekly time frame.
For a Cypher pattern: it will touch 23870/23216/22800
To form a shark pattern fall may extend up to 22300.
It is expected to complete this by December end.
Nifty has started to form Cypher or Shark pattern on weekly time frame.
For a Cypher pattern: it will touch 23870/23216/22800
To form a shark pattern fall may extend up to 22300.
It is expected to complete this by December end.
交易進行
Refer to the updated chart for Nifty, Now there is a chances to touch 23,216.But today Nifty has closed just above 200 EMA it will be important to watch, what is next. 😊😊
Either side is possible but my analysis says it will fall further.
註釋
Today touched 23,216註釋
Touched 23K today.... Now next level 22,800交易結束：目標達成
Reached 22,800 by few days delay but on spot as targeted. Now 22,500 is a decisive point for Nifty.
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