It has made a Bearish Harmonic Deep Crab here. It could do a pullback till 825/800 provided it does not go above 885.
BUY ORIANT ELECTRIC Above 505 Hourly closing basis With stoploss 185 For target 230,254,280
Bank Nifty which reversed from a Bearish Bat yesterday has done a 38% pullback and is near a Bullish AB=CD (21800), if it fails to hold 21750 then a retest of 21400 would be on the cards. Below that further weakness till 20500. Above 22200 rally resumes for 24000.
It has made a bearish Harmonic AB=CD pattern. Sustaining below 365 could lead to a pullback till 335 and lower. View gets negated above 377
Gold make higher high formation and as you know that stock market and gold are moving in the opposite direction. American market is in quit consolidation range And LAC matter is also in controversy. FROM THIS WE CAN PREDICT "THE BEAR WILL RIDING ON STOCK MARKET"
#TCS CMP 2044 The major patter visible is an ascending channel on daily and the prices are at the lower end of the trend channel. Any break below 1998 we can see further downside. Also, the formation Bullish Harmonic pattern and a channel also form where we can expect a bounce from the zone of 1960 to 1970 SL on CLBS of 1930 for a target of 2000 / 2014 /...
Bearish bat formed, and looks like reversal has started. Short position can be added on further pullback. ** Trade only for educational purposes. Do your own risk management and enter **
FOLLOW
It had reversed from Bearish Harmonic Deep Crab at 400. Today it has activated a C Clamp. Both in daily time frame. It could retrace till 360 provided it does not go above 400
A good company corrected in recent mid-caps and small caps ca range a goo buy around 50/55 levels for short term target 80 rs and for long term easily 100++ dividend paying company and global outlook and presence is good near to krbl and a growing company so investment wise really good in the rice sector.... Please let me know if my pattern is wrong or any...
1. Elliott Wave - steep rise in couple of week. 2. Head n Shoulders pattern - today closed over neckline. 3. ABCD pattern - looking over the overall situation it's quite possible that it will follow this pattern. Soon we will see 9500. Disclaimer - it's only for educational purpose, I have no interest in providing trading call. Jai Hind! 🇮🇳
After reversing from a Bullish Harmonic Shark, it has activated a Bullish Harmonic Dragon which suggest probable levels of 1225 and 1350. It has very good support at 1080-1070. View would be negated below 1035