peace_lover

NIFTY WILL SOON GO UPWARDS DUE TO THREE DRIVES PATTERN

Pembelian
peace_lover Diupdate   
NSE:NIFTY   Indeks Nifty 50
TECHNICAL ANALYSIS :

  1. THREE DRIVES HARMONIC PATTERN -

    Nifty has formed a strong descending harmonic pattern (Three Drives) which clearly indicates reversal happening very soon

  2. DOJI PATTERN -

    Nifty has also formed a nice doji pattern which indicates a reversal of the ongoing trend

  3. HAMMER PATTERN -

    Also a hammer pattern is formed which again indicates an upcoming reversal of the trend

  4. OSCILLATOR INDICATOR -

    It is also indicating overbought zone as average smoothing line has touched the 80 level, hence more momentum in the upwards direction
Trading ditutup secara manual:
As ATR has turned bearish from bullish hence profits should be booked made after the reversal of the trend

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