In banknifty by auto harmonic pattern we can see that if market break the resistance as u can see above. The market may retrace from target 1 and if target 1 also break then we can see a downward movement till target 2 Our mentioned targets are:. ( Which I got from auto harmonic pattern )
When banknifty below 32750
BUY PE Target 1 - 32500
Target 2 - 32000
If you also want to use such setup then follow the steps: 1) Go to indicator and search. Auto harmonic pattern. 2) Now go to settings and then in _style and uncheck the table. 3) Now it is ready. if Any pattern will form then will automatically show you the entry points and targets.
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