Bat pattern that is going to form on NIFTY.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 update.:
AB=CD
BTCUSD Corrective harmonic wave BTCUSD is in the built of a "Harmonic Deep Crab Pattern".
It seems the demand and supply of the asset have been in a very volatile zone.
If the asset breaks 30500 then the probability of the price to reach PRZ will be very high.
Now, this PRZ will work as a supply zone for a short period or create momentum to boost the asset to the given bullish target.
Tata Motors - Will it go to the moon or fall to ground?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 for 280.
On downside, if 200 acts resistance, would look for 170 and below that 150 as targets.
TCS, BUY opportunity @ 2920Reasons 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.
TP @2980
Triveni is looking bullish 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 AB it may be 0.618 or 0.786 level.
Stop loss - 55
A possibile Sharp Fall!! - Bearish Butterfly & Broadening WedgeExpecting TVC:USOIL to go for a sharp correction.
Harmonics 4-point & 5-point pattern helped identify a Potential Trend Reversal Zone, where bullish movement may end & trend may reverse.
Got a terminal candle confirmation in the PRZ.
Also, in a broader view prices formed a Broadening Wedge Pattern (a-b-c-d-e wave structure) which might possibly be a B-wave in an A-B-C Correction Wave pattern.
BTCUSD Correction wave ( Short-term corrective wave)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
SGX Nifty Future Forecast in ABCD PatternSGX nifty is showing ABCD pattern where CD leg already have created an Fib extension of 1.272 AB at 13184.
It is already a bullish script now if it is breaks 1.272 level and goes up then it may go till 1.618 and further more 2 in fib level.
So the bullish entry should be above 13184 and Targets are 13622 and 14105.
Now if the script comes down and breaks the Fib extension level 1 of CD then it may gives a Target of 12500/ 12113/ 11836.
Darkesh Sugar Harmonic Bullish Darkesh Sugar is a fundamentally strong stock for short-term investment and this is the great time to invest here... It is on the process of creating a Harmonic ABCD pattern where C point has already retraced to the Fibonacci 0.786 level of AB leg in daily chart.
It has clearly given a target of 34.80/37.20/40.30
incase it goes down we can keep a stop loss of 25.5 for better management.
BTCUSD Probable Retracements and ExtensionsBTCUSD has given the highest move now if it breaks $19000 level( fib retracement level of AB 0.236) then there will be a buying opportunity at $18434 (fib retracement level of AB 0.618) and $18118 ( fib retracement level of AB 0.718) level).
It may target till all the important extensions of AB ( i.e. 1 ,1.272 and 1.618) in USD terms the targets may be $19905, $20307 and $20814 levels.