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aktradelearning
4 мар 2022 г., 12:59

NIFTY50 - Harmonics 

Nifty 50 IndexNSE

Описание

Nifty possibly going towards 14200 and may form Bullish Butterfly pattern and 14122 may act as PRZ ..
Комментарии
Kakerot
the days were of june and july 2021 the option writers had a halwa ride that month and do not mistake for sec that SUPPORT will be mega russia war is making indian market dance even though we have been neutral regarding and so less of our companies have direct russian impact, that support will hold
Kakerot
@Kakerot, i said that and my account holding NIFTY FUT delivery from levels of 15798 levels is enjoying it a single lot of 50 can do so much for you when u have experiance will exit next week either if 17500 levels come which is long term resistance or i will see if the market above 17000 is a dead cat bounce which it very well can be.
eternallearner
Scarry but will it act that way.Until 15980-90 holds,no question & almost sure that low is reached/almost done.Bottom is made only during existential crisis & present crisis will not veer towards Nuking one another.Technically,your starting pt(X) is one candle shift towards RHS .I think,harmonics should be drawn from swing lows/highs for accuracy.Does the ratios remain within the ambit of recognised HP.I have not checked.Thanks for your post.
aktradelearning
@eternallearner, I picked up X as per the breakout candle low on weekly basis after consolidation of almost 60days..and yes these are all speculations and I am just a newbie trying to learn few things here
eternallearner
@aktradelearning, thanks.I am not using harmonics but have an interest in it.So far as I know,for butterfly AB=.786 XA strict.but u have allowed .792XA.So I doubt.
UnknownUnicorn22711483
xd is 1.618 is butterfly?
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