clean, actionable explanation of Target – Stop-Loss – Next Monday Prediction based on the harmonic pattern and RSI in your NIFTY FUTURES chart.
✅ 1. Pattern Identified: Bullish Harmonic Pattern (Possibly Bullish Bat / Crab) Your chart shows:
X → A → B → C → D structure
Price has completed the D-point near 26,046–26,060, which is the PRZ (Potential Reversal Zone).
Strong down-leg into support, touching harmonic ratios: 1.142 / 2.262 / 0.934.
This indicates oversold + reversal probability.
✅ 2. RSI Status RSI is near oversold zone (≈30–35).
The red dashed top and bottom show the RSI reversal bands.
Current RSI is turning upward, which increases bullish reversal probability on Monday.
✅ 3. Key Support & Resistance Immediate Support 26,050 – 26,060 (Harmonic D-Point + price bounce zone)
Next Support (Breakdown Level) 25,980
Immediate Resistance 26,120
26,150
26,180
26,210
🚀 4. Next Monday Prediction (NIFTY FUT) Based on pattern + RSI + PRZ:
Scenario 1: Bullish Reversal (High Probability) If Monday opens above 26,060 and holds:
BUY Above: 26,080 Target 1: 26,120
Target 2: 26,150
Target 3: 26,180
Target 4: 26,210 (major resistance)
Stop-Loss: 25,980 (below pattern invalidation)
🔻 Scenario 2: Breakdown (Lower Probability) If NIFTY breaks below 25,980:
SELL Below: 25,970 Target 1: 25,920
Target 2: 25,870
Target 3: 25,820
Stop-Loss: 26,070
🎯 5. Clear Target & SL Summary BUY Setup (Preferred) Entry Target Stop-Loss Above 26,080 26,120 25,980 — 26,150 — — 26,180 — — 26,210 —
SELL Setup (If breakdown) Entry Target Stop-Loss Below 25,970 25,920 26,070 — 25,870 — — 25,820 —
📌 Conclusion Your chart is showing a bullish harmonic completion, RSI support, and price is sitting on a reversal zone. Monday is more likely to open with a bounce toward 26,120–26,150.
If you want, I can also create:
NIFTY FUTURES based on the chart pattern, current price structure, harmonic pattern, RSI, and trend behavior.
📌 1. SUPPORT & RESISTANCE LEVELS 🔵 Major Supports Level Reason 26,050 – 26,060 Harmonic D-point + historical support 25,980 Breakdown confirmation level 25,920 Previous swing low 25,870 Gap-fill / liquidity zone 25,820 Major support zone
🔴 Major Resistances Level Reason 26,120 First minor supply zone 26,150 Previous top + intraday resistance 26,180 Harmonic C–A rejection zone 26,210 Strong resistance (multiple rejections) 26,260 Medium-term resistance
📌 2. PIVOT LEVELS (CLASSIC) (Based on current price zone 26,070)
Pivot (P): 26,120
R1: 26,160
R2: 26,210
R3: 26,260
S1: 26,020
S2: 25,980
S3: 25,930
These align closely with your harmonic PRZ (Potential Reversal Zone).
📌 3. TECHNICAL VIEW 🔷 A. Short-Term View (1–3 Days) Trend: Oversold → Possible bounce Harmonic pattern is completed at D
RSI near oversold
Price sitting at major support 26,050–26,060
Action Plan: Bullish bias above 26,080
Targets: 26,120 → 26,150 → 26,180
Stop-loss: 25,980
If breaks below 25,980, trend turns bearish.
🔶 B. Medium-Term View (1–3 Weeks) Trend Outlook: Sideways to mildly bullish Higher time frame still has strong supports at 25,820–25,900
No major breakdown yet
Pattern indicates reversal possible toward 26,300–26,400 zone
Medium-Term Targets: 26,260
26,320
26,380
Risk Level: Moderate Only bearish if 25,820 breaks.
🔷 C. Long-Term View (1–3 Months) Trend: Still bullish unless major breakdowns occur Long-term uptrend intact above 25,500
FII data and global trend supportive
Market forming higher lows on weekly chart
Long-Term Upside Potential: 26,500
26,750
27,000
Long-Term Breakdown Level: Only if 25,500 breaks, we enter long-term weakness.
📌 4. Full Summary Support Zones: 26,060 → 25,980 → 25,920 → 25,870 → 25,820
Resistance Zones: 26,120 → 26,150 → 26,180 → 26,210 → 26,260
Pivot: 26,120
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