AB=CD
LIC Housing Fin. ABCD Pattern may commence once Weekly chart. ABCD in process. retrace (B to C wave) shot lil below 38.2% (Fibo Drawn from right to left). So not a perfect ABCD. Once the resistance breaks (721) one can buy for 910+ as target. Second target 970+. Stop (Exit) level below "C" wave = 600 on weekly candle closing basis. Time frame 4 to 5 months.
Alhabad Bank - Harmonic Pattern.Possible Harmonic Patterns in Action.
ABCD = PRZ 77.
Butterfly = PRZ 79 - 81.
Pattern Failed Below 64.15.
SL Area 63.
For Educational Purpose Only.
I am not a SEBI Registered Financial Advisor.
GOLD TECHNICAL BUY SIGNALGold Has given reversal on weekly time frame.
As per our trade entry rules we had built position at exact low of 1263 on Friday 6 OCT 2017.
Harmonic patter reversal : ABCD PATTERN IDENTIFIED ON Weekly
Trend Analysis : trend reversal seen at 1260 -1265 levels
ENTRY : 1263
Sl :1260
TP : 1310/1330
Gold Has given reversal on weekly time frame.
As per our trade entry rules we had built position at exact low of 1263 on Friday 6 OCT 2017.
SREI Infra Bullish Bat/ButterflySREI Infra Bullish Bat/Butterfly
Lets wait for Entry
Long at 100 or below
T1 - 111.30
T2 - 116.40
T3 - 121.50
SL - 94
Indian Bank Bullish ButterflyThere is Bullish Butterfly but as per our ABCD Entry will be activated at/around 250
There is a case of Double Bottom too but that too needs price to come around 250 levels
1. so our projection is to wait for proper entry
2. desperate trader long tommorow with current candle Low as SL
3. we will wait for price to come more down so we get entry as per our AB=CD = 1.27
4. Rsi is slighest bullish
Target 1 = 38.2% retracement
Target 2 = 61.8% retracement
Bharti Infratel Bearish ABCDBharti Infratel has formed Bearish ABCD
Looks like 425 is good resistance
Short above 417
T1 - 407
T2 - 400
T3 - 387
SL - 425