TradingView
subravi
3 juin 2021 15:24

Nifty 15690 - AB=CD pattern Long

NSE:NIFTY1D
Nifty 50 IndexNSE

Description

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Nifty 15690 - If follows AB=CD then Nifty could test 159998 between 14 June to 17 July 2021.

Commentaire

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Nifty has broken support 15698.

Ordre annulé

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Nifty doesn't fit to AB=CD pattern as AB and CD are not equal in time. Thanks to starttrade2020 for pointing out this. This Posted view is cancelled.
Trend AnalysisAB=CD
Commentaires
ckirtane
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there will be a big fall in 10-20 june period(app 1000point correction)after that fresh bull wave will start.
subravi
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@ckirtane,Could you please post the reasoning/study behind that ?
starttrade2020
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@subravi, AB and CD should be equal in time and price but dont you think its taking much more time in CD?
subravi
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@starttrade2020, Yes, You are correct. I missed that point. Thanks for pointing out. So Nifty doesn't fit AB=CD pattern and negated the view.
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