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Nifty 50 Index
Short
Updated

Nifty (Wolfe Wave at Top)

246
A reversal pattern is formed at ATH with a trendline confluence.
Good RR.
Trade closed: stop reached
Intense short covering in BankNifty invalidated pattern
Note
Weekly chart still holds good for reversal
Jeevan_Shetty
Bearish PatternsChart PatternsHarmonic PatternsTechnical Indicatorsniftypredictionreversalpatternwolfe-wave

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bearish PatternsChart PatternsHarmonic PatternsTechnical Indicatorsniftypredictionreversalpatternwolfe-wave
Jeevan_Shetty

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.