NIFTY achieved HARMONIC CHANNEL Target

NIFTY today achieved the (HARMONIC CHANNEL) Target of 16,550 on spot! Mentioned about this on previous Tuesday. Since last few weeks we had been absolutely clear on our bearish view on entire markets. Honestly I dint saw anyone as confident as we were. As far as the view was concerned. Well that’ was a no,brainer once 16,800 breaks NIFTY certainly would fall significantly. And it fell! But how many of you were able to make the most of that. After Todays Gap down. Without understanding of Harmonic Channels it’s not possible to Hold short trades with high conviction. As I often say HARMONIC CHANNELS rarely fails. In our previous posts, we also mentioned
That NIFTY was all set to break DECEMBER lows. And we are almost there. It’s not really an easy market to trade if you do not understand the Price Patterns and TIME CYCLES. More on further actions later. For now enjoy the fall.