It has made a Bullish Cypher in hourly time frame. A bounce back to 2425 is possible provided it does not go below 2325
It is showing signs of reversal from the PRZ of 2 Bullish Harmonic Patterns: Gartley & Alt Shark. If it sustains above 132 it could retrace till 145-150
It is making a Bullish reciprocal AB=CD in daily time frame. It could bounce back to 2475/2500 provided it does not go below 2325
LOOKS LIKE NEW... BUT WILL SEE HOW IT PERFORM
Ashok Leyland appears to have completed a diagonal which is v close to weekly ichimoku resistance. A retest of 78-75 could be possible if it were to sustain below 89. Q3 results are expected on Feb 13
Nifty 15mins TF is at the PRZ of a Bullish Shark. Settlement bounce for now till 12100, post which will review for more or not. View negates below 12030
It came to a discussion yesterday because we had buy in this one and was looking when to exit. Just pasting the thought process chronologically as a diary to check later 3:08 We were tracking weekend strat yesterday It triggered that same day Closed on morning NRMLMCDOWELL-N FEB FUT NFO -1250655.35651.00+5,437.50-0.66% on that support line...
Is trading within an expanding triangle. Today's O=H (so far) near the upper end of the channel. If it sustains below 1540 (closing basis) then it could test the lower end of the channel near 1475. Resistance comes in at 1580 for now.
It is making a Bullish Harmonic Dragon - probable levels of 3600 & 4100 with strong support at 3150-3100.
Nifty India Consumption had witnessed a 50% reversal from a Bearish AB=CD. Post which it is now getting very close to a Bearish Harmonic Alt Shark near 5240, the outer limit of this pattern tallies with the outer limit of the previous bearish pattern at 5270. If this pattern works out as expected then this last leg of rally could see some profit booking and retest...
IF IT BREAKS 1315 SUB 1300 POSSIBLE. PRZ ZONE COMES AROUND 1233-1228. THIS IS FOR EDUCATIONAL PURPOSE ONLY AS STOCK IS DOWN ALREADY. BODY OF CANDLE STICK AT POINT C COMES UNDER 88.6 OF XA WATCH THIS STOCK CARE FULLY MY EARLIER CALL OF THIS STOCK WAS UP TO THE PREDICTION, PLEASE SEE MY EARLIER POST OF INDUS INDIA BANK
Monthly chart is in Tiger Shroff mode "Abhi to maine start kiya hai!" Sustaining above $19.40 will explode for $23-25. Else will consolidate between $ 19-17 for sometime before resuming this uptrend.
After reversing from a Bearish Harmonic Crab, it took support at an Ichimoku Kumo cloud from where it bounced back to the Kijun resistance at 1560 in daily time frame. In hourly time frame it is near an important Kumo support. If it holds above 1510 it can retest 1575-1600
After giving a strong reversal from a monthly Bullish Harmonic Bat it is now getting ready for another rally with minor resistance between 360 and support coming in at 340-330. Wait for breakout or dip to support. Next resistance at 390/450
IT SEEMS MORE DOWNSIDE LEFT