EACH CORRECTIVE WAVES are easy visualization, BANKNIFTY!EACH CORRECTIVE WAVES are easy visualization, smaller and bigger correction.
AB = CD is predicted by using Fibonacci retracement where use for support as 22750 to 22260. The correction still exists in the remaining move.
I have also marked RSI bann for reversal points.
AB=CD
MOTHERSON SUMI:- SYMMETRY SETUPMOTHERSON SUMI held the Symmetry Setup & Fibonacci Ratio Support zone around 103.80-100.75.
If support breaks then consider my setup bust.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading
DCB BANK:- BUY SETUPDCB Bank retested the support zone third time and held it.
If support breaks then consider my setup bust.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading.
NIFTY 500
Harmonic Trading Patterns have several patterns, one among them is AB=CD, currently CNX 500 has shown a reversal from the PRZ signifying bearishness. Fresh bullishness as per the pattern would happen only if it negates the pattern above 9500, the strength of the pattern reversal would further accelerate below 9000 for its expected retrace levels as per theory of 38-50-62% which are near 8500-8200-8000
Bearish AB=CD harmonic on HDFC A bearish AB=CD harmonic has developed on HDFC hourly. Looking for targets of around 1800 with stop at 1845, CMP at 1835.