DOW Monthly Kijun has always been held since the Sub-Prime lows. If 25600-24800 gives way then 22700 would become a possible target USD INR Monthly has made a Bearish Harmonic AB=CD. Weekly has done its minimum Dragon target, further sustaining above 74.75 would take it to 77 to complete its next Dragon target Daily has also made a Bearish Harmonic AB=CD. Ideally...
In Daily Time Frame it has come into the PRZ of Harmonic Trading Patterns. Bullish AB=CD as well as a Bullish Reciprocal AB=CD. In Weekly Time Frame it has come to the strong support of an Ichimoku Kumo. Both appear to be in line between yesterday's low and 1120. It could retrace back to 1200-1225 if the support levels are respected.
It is in the PRZ of a Bullish Alt Shark in daily time frame. It could retrace back to 150-160 provided it does not break below 133
In the year of the Rat, the Chinese at Wuhan decided to opt for the Bat and that lead to USD INR giving way to the Dragon! :) =)) :))
As per this weekly chart we can see how beautifully each time the stock has respected Harmonic Patterns and shown reversals. From a Bearish AB=CD to a Bullish AB=CD, followed by a Bearish Deep Crab and now a Bullish Deep Crab along with a Bullish AB=CD. If it can hold 1285 then a retest of 1400-1450 looks probable.
Bank Nifty in daily time frame has made a Bullish Gartley. It could retest 29700-30000 provided it does not break below 28500
NO MATTER HOW BAD THE NEWS IS YOUR KNOWLEDGE WONT LET YOU LOSE MONEY
It is showing signs of reversal from its PRZ zone of 2 bullish harmonic patterns - Deep Crab and AB=CD. It could retest 260-265 provided it does not go below 243
IT IS SHOWING BEARISH DIVERGENCE WITH STOCHASTICS THAT TOO IN A MONTHLY TIMEFRAME
AB LEG WAS COMPLETED IN 5 BARS OR DAYS SO, CD LEG MUST COMPLETE IN SAME DURATION OR 1 MORE DAY AS A RULE AND STOCK MUST TAKE SUPPORT AT 1.27 HARMONIC LEVELS AS BC WAS .786 OF AB LEG . LETS SEE IF THIS WORKS
It has made a bullish AB=CD in daily time frame. It could reverse from here for 6850 / 7100 provided it does not go below 6625
It did a reversal from Kumo support post Bearish AB=CD. Today its going to activate a C Clamp for 815. View would be negated below 774.
It has activated a C Clamp in Daily Time frame suggesting 149 as a possible level which coincides with 50% retracement of Bullish Alt Shark. In hourly time frame it has taken good support near the Kumo. View negates below 139