Nifty - Bullish Harmonic
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The Bullish Bat Harmonic Pattern is visible on the Nifty 15mins (Spot) chart. The 200EMA Channel is placed below the reversal levels indicating the support zone.
As the giant HDFC Bank and Reliance are leading the fall in the first hour today, the risk is higher in the reversal setup. Hence, the stop-loss is a must for the setup, which is 24,170. (CMP-24250)
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