BULLISH CYPHER IN BANK NIFTY
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BODY AT 'D' CLOSES JUST AT 78.6 RETRACEMENT OF XC.
LOOKING FOR REVERSAL FROM THIS POINT.
TARGETS SHOWN AS FIB LEVELS FROM C TO D AS SHOWN THE CHART.
STOP LOSS AS PER RULE SHOULD BE BELOW X.
HOW EVER PLEASE OBSERVE LOW OF FRIDAY IS BREACHED OR NOT.
LOOKING FOR REVERSAL FROM THIS POINT.
TARGETS SHOWN AS FIB LEVELS FROM C TO D AS SHOWN THE CHART.
STOP LOSS AS PER RULE SHOULD BE BELOW X.
HOW EVER PLEASE OBSERVE LOW OF FRIDAY IS BREACHED OR NOT.
Note
IF BANK NIFTY CLOSES BELOW FRIDAY'S LOW THEN IT MAY INVALIDATE THE PATTERN.Note
SORRY B IS DISPLACED IN THE CHART LET ME REPUBLISH ITNote
Note
IDEA REMAINS SAMENote
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