AB=CD
GBPAUDGBPAUD it’s time for a long buy.. but I suggest u to take 1:2risk to reward... we can look for a buy on GBPAUD now ..
Bullish AB=CD on BankniftyAdd Banknifty at CMP 28800 till 28600 with a stop at 28500 for a move to 30000-30300
Bullish AB=CD pattern in ITC DailyThis is against the trend move so before trading check the trend of nifty and any upcoming news which could impact the pattern accuracy. Lately my prediction is screwed up by coronavirus .
All the levels are mentioned in chart. ALWAYS USE SL. All the best...
Petronet LNGIt is showing signs of reversal from its PRZ zone of 2 bullish harmonic patterns - Deep Crab and AB=CD. It could retest 260-265 provided it does not go below 243
AB=CD short DXYDXY appears to be overbought on momentum indicators and at the same time there is a AB=CD pattern on the chart
AB=CD on EURUSDMACD appears extremely oversold and at the same time there is a AB=CD formation on EURUSD. We may see a retracement to the neckline (of the broken H&S) which is around 1.0980-1.10, which can be a great shorting opportunity from a medium term perspective.
MARUTIIt has made a bullish AB=CD in daily time frame. It could reverse from here for 6850 / 7100 provided it does not go below 6625
HERO MOTOCORPIt is making a Bullish reciprocal AB=CD in daily time frame. It could bounce back to 2475/2500 provided it does not go below 2325
NIFTYNifty is at the PRZ of a Bullish AB=CD. Expecting a bounce back 12100. View would be negated below 11940
SilverSilver after reversing from a bullish Harmonic Gartley is retesting the PRZ which now coincides with the PRZ of two Bullish AB=CD patterns (60/162) & (78/127) If it can sustain above 16.35 then it could retest 17.40/17.75
HINDUSTAN UNILEVERIt has shows reversal from the PRZ of a Bullish Harmonic AB=CD. It can retrace back to 1980-2000 as long as it does not breach 1900
HCL TECHNOLOGIESIt has reversed from the PRZ of a Bullish Gartley and AB=CD. As long as it stays above 533 it can do a pullback till 550-560
NiftyNifty through the week was within a falling channel making Lower Lows and Lower Highs. At close today it came into the PRZ of 3 Bullish Harmonic Patterns, namely, Shark, Bat & Gartley. If it were to reverse from this level it needs to survive above 11940 for an hour at least. Then it could move all the way back to test the falling channel at 111975-12025. From that range (or on failure to hold 11885) we could expect the next set of 3 Bullish Harmonic Patterns. namely, Alt Shark, Bat & AB=CD get active between 11830-11860 to conclude this slanting channel trend
Adani EnterprisesWeekly time frame Bearish Harmonic AB=CD can retest 180
Daily time frame diagonal ending, breakdown below 203
Hourly time frame Bearish AB=CD prz 215
View would negate above 223
DLF: investment opertunity - 1 year target 227+200=427The current chart position augers well for favourable formation of two Harmonic patterns, both coinciding at same points and attracts investment for short term of 1 year.
Though the chances of the stock moving higher are very bright, at present it is at a strong resistance area.
So buy only above 227.
One year Target 427. (Should go even higher to 448)
PNB - Break Out Retest in Channel.Break Out Retest in Channel.
At Support.
Potential AB=CD.
Volume At Support.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
Cautious View On IndusBankCautious View On IndusBank
Strong Support Zone: 1400-1415
tgrm at jtradingview
