Has entered into the PRZ (267-261) of a Bullish Harmonic Bat today. A bounce back till 280 and above that 300 is possible if the pattern does not get negated below 255.
IN A WEEKLY CHART WE CAN SEE TWO LONG TERM TREND LINES AS MENTIONED UPPER LINE HAS GIVEN THE STOCK RESISTANCE THREE TIMES SO FOURTH TIME STOCK SHOULD TOUCH IT AS GIVEN WITH ARROW FOR THIS, STOCK MUST CLOSE ABOVE HORIZONTAL LINE AND LOWER TREND LINE ON WEEKLY CHART HAS GIVEN SUPPORT THREE TIMES IF IT TAKES RESISTANCE FROM HORIZONTAL LINE IT MAY DIVE DEEP TO 243...
Cautious view from US Market DJI may test 27200-27000 zone. tgram at jtradingview
Cautious View On IndusBank Strong Support Zone: 1400-1415 tgrm at jtradingview
The reversal from Bearish Shark has retraced by 50% and has opened up the probability of a Bullish 5-O here which is giving targets of 2400-2450. View would negate below 2050. As per Ichimoku also it has good support between 2100-2060.
MOVING BETWEEN CHANNEL LINE NOW IT IS ON LOWER LINE AND SHOWING BULLISH DIVERGENCE SHOULD GO UP FROM HERE STOP LOSS IS 567
FINALLY TODAY NECKLINE BROKEN ON CLOSING BASIS NOW 50 % FIBONACCI LEVEL IS MAJOR HURDLE LETS SEE WHAT HAPPENS
IT IS CURRENTLY SHOWING BEARISH DIVERGENCE WITH STOCHASTICS IT MAY COME DOWN FIRST TARGET IS 396 AND FINAL TARGET IS GUESS WHERE 376 WHICH IS NOT DOUBLE TRIPLE QUADRUPLE BOTTOM IT IS ACTUALLY quintuple BOTTOM AS YOU CAN SEE ON A WEEKLY CHART 5 TIMES BOTTOM HAS BEEN MADE AT THIS LEVEL MARKED BY ARROWS WE CAN GO LONG ON THIS LEVEL FOR SURE GOOD LUCK NOTE: NO ADVICE...
LONG NIFTY WITH STOP LOSS SHOWN IN THE CHART. IF STOP LOSS IS HIT REVERSE YOUR TREND FOR TARGET OF 11790.
IT IS CLOSED ABOVE TRENDLINE ON CLOSING BASIS AND ONCE TOOK SUPPORT ON IT TARGET IS GIVEN FOR LONG STOP LOSS IS 71.049
IT IS FORMING THIS PATTERN IT WILL BREAKOUT OR BREAKDOWN WE WILL HAVE TO WAIT AND PLAN ACCORDINGLY EMA 50 MAY WORK AS SUPPORT IF IT IS BROKEN IT MAY GO DOWNSIDE UNTIL THEN IT MAY KEEP CONSOLIDATING BETWEEN TWO TRENDLINES GOOD LUCK
NIFTY Outlook Strong Resistance Zone: 12020-12040 Minor Support Zone: 11800-11830 Strong Support Zone: 11680 to 11720 NF may test its minor support zone @ 11800. On a daily closing basis, 10800 is an important level. If it will not able to sustain above 11850 to 11800 zone then it may test its major support zone: 11680 to 11720. Still, Trend is Bullish on...
IT IS TAKING RESISTANCE ON FIBONACCI`S 50 % LEVEL PLUS BULLISH DIVERGENCE SEEN WITH STOCHASTICS AND IT IS CONSOLIDATING UNDER TRENDLINES IF UPPER LINE IS BROKEN IN 15 MINUTE CANDLE TARGET FOR LONG IS 81 IF BREAKS LOWER TRENDLINE GO SHORT AND REST DEPENDS ON RESULT DUE TOMORROW GOOD LUCK
IT IS RESPECTING AND TAKING SUPPORT ON TRENDLINE AND BULLISH DIVERGENCE IS SEEN WITH STOCHASTICS WATCH OUT FOR A DOJI CANDLE AND GO LONG TARGET IS GIVEN STOPLOSS IS LOWER TREND LINE MUST NOT BE BROKEN ON CLOSING BASIS
OK SO I HAVE FAILED 2 TIMES TO ANALYSE THIS STOCK THIS IS 3RD TIME :) IT IS RESPECTING FLAG PATTERN KIND OF I WOULD SAY FOR SHORT SIDE IT MUST CLOSE BELOW 296.20 AS WE KNOW FOR A FRESH DOWNTREND WE NEED TWO LOWER HIGHS AND TWO LOWER LOWS NOW ALL THESE 4 ARE COMPLETED BUT FIFTH POINT AS I SAID 296.20 SHOULD BE MADE WHICH CONFIRMS DOWNTREND THEN TARGETS ARE GIVEN...
It has entered into a PRZ of a bearish harmonic pattern AB=CD which is also inline with an Ichimoku time and price resistance. A retrace till 1450 from here. View negates above 1625