levels clearly mentioned in the chart
nifty opened gap uply & nifty was consolidated yesterday.
today can see a breakout or breakdown
there is chance for gap filling but note that after the gap filling can see a sudden recovery in nifty.
so short sellers beaware..
any way i am bullish on nifty for the day.
and I expecting sell side only below 14990
There are multiple harmonic patterns in Gold, bullish ones
SL and Target mentioned in the chart
For ones who trade in gold may be a good opportunity
For Traders who trade in the Indian index Nifty / Bank Nifty, they may take a cue from this as Gold and the Indian index are usually inversely proportional.i.e., if gold increases nifty decreases and vice...
Focusing on the entire range of the PRZ(14100-14188) . However, the price falling, therefore our next target 2AB = CD 14188 and BC projection 14128.
Short sellers should be very careful at Potential Reversal Zone if the tail is detec ted.
I hope that you have checked out my previous nifty...
Reasons to LOOK for Buy:
1) Clearly in an uptrend.
2) In the pullback phase to hit the previous support zone.
3) Support zone contains 50% retracement line.
4) Price may also hit 20MA in the zone (thus considering 20MA as support)
Look for buying opportunity in lower timeframe
SL @2882 as per Risk.
Position sizing as per Risk.
Heromoto has formed head and shoulder pattern, then taken support at base.
Now it is forming ABCD pattern, which might lead it to higher levels 3240 plus to ATH. SL and target levels are placed in Chart.
This script has started a new bullish wave. Fundamentally this stock is looking good for long term investments.
One can start accumulating the stock from this 481 level to 470 level for short term target 547/560/570/581.
Long term target 834/950/1090
This is a fundamentally strong Script.
Though this stock is over valued for time being but one can accumulate at 63.45 level and some more at 59.25 level if you are a lucky one.
I can see a possible 1st target of around 83 and further ahead 88.40/ 95.15/ 103.7
Technically it is creating harmonic ABCD pattern ,where BC leg is in formation as a retracement of...
The ascending channel has already broken and created lower low.
Now it has created 0.786 retracement of AB leg. Expected extensions of AB leg is the target which is cleared in 1 / 1.27 /1/618 and 2 Fibonacci levels.
Please manage your trade with a Stop at C level.
** for Educational purpose only
Having reversed from harmonic ABCD and strictly following the dynamic support line, price is now 180.
Key level to watch is 200 - .786 Fib of ABCD + psychological level + multi month resistance.
20% move can be seen on either side of 200 depending on how it behaves around it.
Above 200 will look for 240, 240-250 would be profit booking, and strictly above 250...