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Caapinves
18 Mei 2020 pukul 12.21

Nifty - Harmonic Butterfly - Long Pembelian

Nifty 50 IndexNSE

Deskripsi

Nifty 1hr chart has formed Harmonic Butterfly Pattern.

Hence, we can go Long Nifty @ 8700

Target 1 - 8900

Target 2 - 9400

Target 3 - 9700

SL - 8500

Disclaimer: Kindly do your own analysis before executing the trade

Trade aktif

Target 1 - Reached

Trade aktif

2. Target 2 Reached

And Correction in Target 3 - 9600..

As per Harmonic Bat Pattern.. Nifty has resistance at 9600 and 10000.

May be Nifty be reverse... So book the Profit and exist.
Komentar
mgfk
Can we short nifty now? what will be the long? kindly advice.
Caapinves
@mgfk, - Yes we can go for the short once the nifty reach it resistance @ 9650 to 9700.

Once, it retraced below to 9600.. we can go head for the short position.
UnknownUnicorn6418960
1.27 of XA should be cd in butterfly
Caapinves
@WILYTRADER2020, - yes it 1.27.. but at time of publish is missed by me to change it.

1.27 is close to 8675...
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