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Dinesh_C_Nagpal

Nifty

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Nifty 50 Index (NSE:NIFTY)  
Dinesh_C_Nagpal  
NSE:NIFTY   Nifty 50 Index
Harmonic Patterns Chart Patterns Trend Analysis NIFTY niftytrend niftyanalysis Bullish 5-0 harmonicmoves harmonicwaves harmonicsignals harmonicpatternspotential harmonicpatterncollection
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harmonicpatterns chartpattern trendanalysis nifty niftytrend niftyanalysis bullish5-0 harmonicmoves harmonicwaves harmonicsignals harmonicpatternspotential harmonicpatterncollection
Nifty has initiated a Bullish Harmonic Pattern 5-O which has the PRZ of 11450-11400. As long as it sustains above 11300 it could rally till 11775-11850. Further confirmation would be hourly sustenance above 11570.
Bullish 5-O are 6 points Harmonic Patterns usually preceded by a Bearish Alt Shark. The pullback from the Alt shark in this case happens to be a corrective which ends at O from where the larger trend resumes its path.
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