Cheena21

Bank Nifty LONG 19K

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NSE:BANKNIFTY   Nifty Bank Index
On the daily chart, I notice a potential Harmonic ABCD pattern, it has taken support at 38.2 retracement with the extension at 2.818 in sight. Assumption is based on the current Bullish pattern. Important level to break on the up side will be at 18053. It this holds good, we can see it testing 19100 level as per the projection.

PS - I am learning harmonics and views are for learning purpose only.. Appreciate any constructive feedback.. Thanks!

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