Saturday, May 3

Nifty Harmonic pattern and Crab Pattern Analysis

Lets analyze Nifty future move for May month using Harmonic pattern using AB=CD and Crab Pattern.

Nifty Harmonic pattern

NIFTY - Nifty Weekly Harmonic -
The Harmonic pattern bearish AB = CD formation

  1.  AB leg is from 5118 to 6415 took 16 Weeks to form with a rally of 1313 points.
  2. BC leg is from 6415 to 5933 (which is 38.2% retracement of 5119 to 6415)
  3. CD leg will take another
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posted by Bramesh at 5:19 PM

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