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NEo Wave Bow Tie Pattern in Nifty

NEo Wave Bow Tie Pattern in Nifty From the starting of 2020, we have seen the National Stock Exchange become the most trading sector. And we are noticing a bow tie pattern in Nifty50. In just one day we can see a minimum of 300-400 points going up and down.

8th may Nifty50 closed at 9,251 points. According to NEo Wave technical analysis it should hit a minimum of 9,985 points in the starting week of June 2020. It was very disappointing for the bulls, Nifty has gone down at 0.4%.

Those who invest in the share market as a trader can hold a long position right now because according to NEo Wave, the Nifty50 is going to hit the bell of 10,000 points soon. The Bow Tie pattern is about to form and you will see, it will hit the point very soon. One must put stop loss but an investor who likes to take risk must hold his position and wait for a better opportunity.

One should not leave this opportunity, and grab some profits!