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
The Harmonic pattern bearish AB = CD formation
AB leg is from 5118 to 6415 took 16 Weeks to form with a rally of 1313 points.
BC leg is from 6415 to 5933 (which is 38.2% retracement of 5119 to 6415)
CD leg will take another
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