Banknifty formed Bearish Harmonic Pattern
As we see on daily time frame its has formed a Bearish Harmonic pattern and even FII Long short percentage has reaching its Highly Overbrought senario where we can expect a good correction in coming days. Support and resistance levels are marked in chart, note after a retracement it may try to make double top means again may retest all time high and from there we can see a good correction. Just a view not a Reco.. may be wrong as well of making double top situation.
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Immediate testing point Done keep trailing...ملاحظة
As you can see a trendline support blue line exactly it has taken support on that u can use 5 mins time frame on this chart.... some retracement possible...ملاحظة
Massive move from entry .... keep trailing with enjoying profitsملاحظة
WOW Target achieved keep trailing...ملاحظة
Target 2 as on chart Reached please close all positions expecting a Bounce....in a day or twoملاحظة
PCR HIGHLY OVERSOLD DEAD CAT BOUNCE is expected just a view not a reco...ملاحظة
Hope timely helped you all taking good decision by my views... for such big moves please do comment which gives some inspiration to me, to provide such...ملاحظة
any point of time we can see a fall of minimum 500 to 800 points, just a view not a Reco... always have hedged positionsملاحظة
Hoping my view worked...تم فتح الصفقة
almost all targets done
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