NIFTY FUTURES – Harmonic Reversal Setup (Bat)

NIFTY FUTURES – Harmonic Reversal Setup (1H Chart)

Pattern: Potential Bullish Harmonic (likely Bat)
Entry Zone (D Leg Completed): 25,172 (Current Price Zone)
Stoploss: 25,033.65 (Candle Close Below D Point)
Immediate Support: 24,901.45

Targets:
• Target 1: 25,647.70
• Target 2: 25,785.65
➡️ Upside Potential: 2.43% only if 25,409.75 breakout happens

Key Insights:
• Harmonic pattern completed with XA–BC–CD legs; strong PRZ near D Point
• Reversal candle formed at demand zone with confluence support
• Watch for breakout above 25,409.75 to confirm bullish momentum
• 2.43% rally possible only after range break with volume

Risk Management:
• Trade only on bullish confirmation candle from support zone
• Exit if candle closes below 25,033.65 (D invalidation)
• Ideal R:R: 1:2 or better if breakout occurs

Disclaimer:
📌 This is not a buy/sell recommendation, just an educational trading idea.
📌 Market conditions can change; always conduct your own research.
📌 Understand risks before investing and take full responsibility for decisions.
📌 Stoploss candle close only, Target Trigger Price