Why did Nifty fall from 11570 : Gann Date Impact or Technicals ?

Dear All Members at Tradingview ,

I have explained Bearish Bat Pattern on Charts of Nifty ; Quite Sure that you will learn something from above chart & will ask your doubts in comment box .

In Nifty , PRZ was placed at 11560 & In Intraday , We got 120+ Points Move .

Basics of Bearish Bat :

• B point at a less than a 0.618 retracement of XA, preferably a distinct 50% or 38.2% retracement.
• BC projection must be at least 1.618.
• AB=CD pattern is usually extended.
• 0.886 XA retracement.
• C point with range between 0.382 and 0.886.

Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .

Disclosure : I am not A SEBI Registered Technical Analyst !

Regards ,

Mohit Jangir (KBMJ)

Happy Trading !!!

Kommentera:

1% Down Again ; Book Your Shorts near to 11,270-11,300 :)

Kommentera:

Lows of 11342 ; Booking 75% of Profits :)