JUNE 28 BANK NIFTY FUTURES 5MIN

Below todays Low 9935 - the fall would be severe as a symmetrical/Contracting triangle would be broken downwards. Break of 9935 would be a Breakdown of H&S pattern too!!!

A LARGER VIEW OF THE CHART:

The triangle in Harmonic Chart:

BULLISH BAT PATTERN:

XA - 9045 - 10185
B (current) - 9584 - 50%
C(current) - 10185 - 100%
For D with C at 10185
50% - 9884
61.8% - 9813
78.6% - 9712
88.6% -  9652

Bank Nifty Harmonic Pattern May 31

Update June 14:

The Bearish bat pattern is almost complete with the initial target of D at 161.8% - 10198.

BEARISH BAT PATTERN:
XA -10645 - 8995
B - 9783 - approx 44.7% retr of XA
C - 9110 -  85.4% retr of AB
Projection for D:
9870 - 113% retr of BC
127% retr of BC - 9965
141.4% - 10061.62
161.8% - 10198.91

Development of Bearish Bat Pattern in Hour Charts:

BEARISH BAT PATTERN:

XA -10645 - 8995
B - 9783 - approx 44.7% retr of XA
Proj for C:
38.2% - 9482
44.7% - 9430
50% - 9389
61.8% -9296

TATASTEEL CHART OF ARIL 10

BANK NIFTY WEEK CHART APRIL 9

BANK NIFTY CHARTS MAR 23

Bank Nifty day chanrt channel broken

NIFTY DAY CHART exactly at lower channel