Nifty ABCD Pattern

24 may 2020

I think Nifty has formed a bullish ABCD Pattern and the bounce from point D has already come on 22nd May, Look for a target of 9586 in the coming days and since we have a truncated week this can come before or on expiry as well.

28 may 2020

Nota

Okay Now, Nifty managed to close above 9475 but we have to wait for further conformation for june series, if it sustains above this level we will have a bullish month ahead. i will update