Will HDFC Bank follow the pattern???Ratios are bit here and there but will HDFC Bank follow the pattern and reverse from 811?
ABCD pattern completion at 653
Disclaimer - Please do your own analysis before initiating the trade
AB=CD
Bearish ABCD formation Bearish harmonic ABCD pattern formed in NUCLEUS softwares.
This is just my analysis, do your own analysis before taking the trade.
Nifty eyeing for AB=CD on daily time frame
Currently nifty has made bearish engulfing pattern on daily frame exactly at 0.618 retracement from its high of 12430 approx on 20th jan2020.
Also RSI is poping up hidden divergence at 0.618 retracement...
When we apply Harmonic pattern AB = CD we get D point at 5680 approx...as reversal zone.
So traders be careful... choose to sell on rise only
Pure Fertilizer PlayLevels mentioned on charts .
Stock is moving as expected.
Fertilizer sector on positive momentum.
Comments and suggestion are welcome .
Nifty - Bearish ABCD Pattern - ShortNifty has formed Bearish ABCD Pattern.
We can go Short once nifty reaches near 10230 - 10250
Target 1 - 10100
Target 2 - 9900
SL - 10400
For Option Contract:
Sell - Call Option - 10300 CE
Sell - Put Option - 9500 PE
Buy - Call Option - 10400 CE
Buy - Put Option - 9400 PE
Disclaimer: Kindly do your own analysis before executing trade
Petronet LNG - Harmonic Bearish ABCD Pattern - ShortPetronet LPG Pattern evidence Harmonic Bearish AB=CD Pattern.
Go for Short @ 260.10
Target 1- 244
Target 2 - 219
SL - 270
Disclaimer: Kindly do your own analysis before executing the trade
(Intraday) Sell! Infratel
1. Infratel Price already took the reversal from 61.8% Retracement level.
2. On Drawing the AB-CD Pattern on the same. Lets find the reversal level.
Assuming BD= 1.27 , D =192
Assuming BD=1.61 , D = 187
Assuming BD = 1, D = 197
3. SELL BELOW: 202 TARGET:197 , 194 , 192, 187 Stop loss: 207
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ABCD PATTERN : DRREDDY ON WEEKLY CHARTSDRREDDY has completed ABCD pattern on Weekly charts, slip below 3800 will see sharp fall till 3400 - 3000
Kindly do your own analysis before investing
BANKNIFTY - Short candidate Hitting the resistance line
forming bearish AB CD pattern
May be shorted , idea invalid if BNF crosses 21040
happy trading
Multi confluence Short area #harmonicTrading #AsianPaintMulti confluence Short area #harmonicTrading
Nifty & NIFTYITNifty is making a Cup & Handle in lower time frame, a breakout level coincides with the Bearish AB=CD between 9600-9650 which I had already suggested as a possible level in my previous tweets, view would go wrong below 9100. At the same time NIFTY IT in hourly is on the verge of an IHS breakout which suggest 13500 as a probable level. Both suggested levels could be the culmination zones for now at least for the bounce which started from 7500.
