Harmonic Patterns In NIFTYNifty 50 IndexNSE:NIFTYaskbiswanath2025Harmonic patterns are advanced technical analysis tools used in trading to identify potential price reversals or continuations in financial markets, including indices like the NIFTY 50 (the benchmark index of the National Stock Exchange of India). These patterns are based on Fibonacci ratios (e.g., 0.618, 0.786, 1.272, 1.618) and form specific geometric structures across price swings, helping traders predict key levels for entries, stops, and targets. They are particularly popular among swing and position traders for their precision in volatile markets like NIFTY, which is influenced by domestic and global factors such as economic data, corporate earnings, and geopolitical events. Key Harmonic Patterns and Their Relevance to NIFTY Harmonic patterns typically consist of four points (X, A, B, C, D) representing price swings. Here's a brief overview of the most common ones, with examples of how they've appeared in NIFTY or related indices recently: AB = 0.618 XA; BC = 0.382-0.886 Seen in NIFTY's D charts .TARGET AROUND 25500-25521