Wednesday, October 7, 2015

Nifty Harmonic Review

In our previous review, we have discussed the range created in the index, this week, we  have seen an upside breakout from that range, thus the upper band of that range( 8060) could serve as immediate support for any pullback rally if seen.
Now let us review harmonic probabilities on daily charts.
On daily chart, index has two harmonic pattern probability:
NIFTY - Alternate 10 - Oct-07 1533 PM (1 day)
NIFTY - Alternate 9 - Oct-07 1533 PM (1 day)

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