elvarsan

NIFTY - Harmonics Pattern

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elvarsan Uppdaterad   
NSE:NIFTY   Nifty 50 Index
Entry, SL and Target as per chart!

This is for education purpose only.
Trade stängt: målet nått:
Target 1 shifted slightly higher due to the swing high is not exactly the Harmonics primary PRZ. The high is 17992 but Harmonics PRZ is at 17842. The 150 points above Harmonics leads to lower retracement of 17330. Today's low is 17345 which is almost target 1. My position is closed!

Revised Target 2: 16919 may come but book profits in every fall from now on.
Trade stängt: målet nått:
Target 2 reached. Ofcourse I closed it earlier and nobody could have captured the full target 2. The Nifty's volatility is extreme but this is to show that Harmonics work even with this volatility
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