Get started

AB=CD

NIFTY: What's NEXT ? Spot & FUT important Level for 30th Aug '17All plotted on chart. Bullish AB = CD formed in 15 min Chart. Crucial Level to watch: In UP side:9818 & 9848 & in DN Side: 9772 , 9758 NIFTY' FUT: Trade Set UP for 30th Aug 2017 Possible LONG above @ 9807 TGT: @ 9816, @ 9829 - @ 9840 (HZ), @ 9852, @ 9867+ Possible SHORT Below @ 9778 TGT: @ 9769, @ 9756 - @ 9745 (BZ), @ 9733, @ 9718- Snapshot: ITM / ATM / OTM Option Premium Compare to Index level. drive.google.com * More Updates on Market Hours, as Scenario Change. Don't forget to Click / Tap LIKE button, as Like is Barometer of Usefulness. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
NSE:NIFTY
by DSKF16
1
ANDHRABANK: Can Pattern & Indicator Lift this Bank ?Go LONG: LCP (Last Closing Price) +/- 1% Best LONG: @ 50.2- @ 50.60 Intraday Level / Swing Level: Normal Phase @ 51.8, @ 52.05, @ 52.4 - @ 52.65 (HZ #1), @ 53.35+ Rest Intraday Target / Swing Target/ SL etc. all are Plotted on Chart. For Future Trade: Add Premium with Spot mentioned Level to Enter. Target (Normal): @ 52.10, @ 52.30, @ 52.6 - @ 52.9 (HZ #1), @ 53.55 Target (Optimal): @ 53.90, @ 54.15, @ 54.50 - @ 54.75 (HZ #2), @ 55.45. Note: #1. While trading in FUTURE (Index, Stock & Currency), Use Hedge with Option . #2. In exchange of "SL" use "Calculative Risk" More Updates on Market hours (If necessary). Don't forget to Click / Tap LIKE button, as Like is Barometer of Usefulness . Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. Have not follow time-line all the time, Sorry in Advance if view conflicts. Special Note: Yesterday Given View on: DIVISLAB, AMARAJABAT, KOTAKBANK, REPCOHOME all Positions are in Green also achieved TARGET#1 &TARGET#2 ( Amarajabat). BY MISTAKE: BANKNIFTY: FUT+ Spot, At a Glance for Trade Date "24th Aug 2017" mis-typed as "23rd Aug 2017".
ALong
by DSKF16
M&M: Reversing from strong support level.Harmonic: Bullish AB = CD Rest plotted on chart. Trade Setup: LTP: @ 1366 (at 11.25 AM) LONG: @ 1368 - 1362 (40% of Investment) Best: @ 1356 - @ 1350 (30% of Investment) More (Final): @ 1342- (30% of Investment) Intraday / Swing Trade Target: @ 1377, @ 1382 - @ 1386, @ 1396.5+ Short term levels plotted on Chart. Sl: @ 1334- Snapshot of Intraday Levels on QUERY. More update later if scenario change. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. LIKE / Comment /Share, If useful & enriched your knowledge.
NSE:M&MLong
by DSKF16
SUNPHARMA: Correction & Bullich Harmonic ABCD = UP LiftUp Movement Ahead due to Decent Correction & Ideal Bullich Harmonic "AB = CD" Indicators in U_Turn position. Strategy: LONG: 30% at LTP: @ 483 Rest in Two part 40% @ 469 - @ 465 & 30% @ 446 - 439 Target: @ 493, @ 499, @ 504.6 - @ 507.7, @ 515.9+ more on Chart. Sl: @ 427 (By Closing) Time Frame: 2 to 7 days. More details Updated Later including Swing Levels as Snapshot. FnO strategy or Snapshot of Future Levels on Query. DIsclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. LIKE / Comment /Share, If useful & enriched your knowledge .
NSE:SUNPHARMALong
by DSKF16
5
REPCOHOME: END of Correction.REPCOHOME: Reversal supported by Harmonic, Indicator, Candle Pattern After completion of "AB = CD" (Here AB = CD, Ext FIB E 1.13. NEXT in Correction phase, Point "B" treat as Strong support & below that Short can be done. Target is Point "C", & if Point "C" Breaks Retracement Level may be "Phi" i.e. FIB E 1.414, even FIB E 1.618. In last Trading day made a LOW @ 617.35, Near FIB E 1.414. Some Financials (After Q2, 2017 - 18) Basis Sales OPM NetP NetP Var% EPS PE TTM: 1035.56, 91.54, 187.88, 18, 30.03, 21.11 Qly : 258.81, --, 45.16, 14, 30.03, 21.11 Go Long: LTP +0.75% & -0.75% Short Term Target / Best BUY / SL: Plotted on Chart. Intraday / Swing Target: Snapshot updated Later. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. LIKE / Comment /Share, If useful & enriched your knowledge.
NSE:REPCOHOMELong
by DSKF16
2
Fate of NIFTY, in daily perspective.Fate of NIFTY, in daily perspective. Nifty traded below point "D" of Ideal Harmonic "AB = CD" pattern since Last 3 trading days. Where Point "D" at 10082.9. On Monday Made a High at 10088, above Point "D", but missed. So, 10082.9 much more Crucial. If Bulls Take Control : Scenario #1: If Crossed & Settled above 10082.9 NEXT to Watch 10165.3 Where Harmonic AB = CD, Extended D = FIB Ext 1.13 of BCD Scenario #2: If Crossed & Settled above 10165.3 NEXT to Watch 10255.4 Where Harmonic AB = CD, Extended D = FIB Ext 1.272 of BCD Scenario #3 : If Crossed & Settled above 10255.4 NEXT to Watch 10345.4 & 10474.8 FIB Ext 1.414 & 1.618 of BCD respectively. If Bears Take Control: Scenario #4 : If Failed to Cross & Settled below 10082.7 NEXT to Watch 9947.2 (Strong) Though 10010.6 (Minor) Support is there. Scenario #5 : If Failed to Cross & Settled below 9947.2 NEXT to Watch 9840.7 (Strong) * May be witnessing some Pull Back from here Though 9891 (Minor) Support is there. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. LIKE / Comment / Share , If useful & enriched your knowledge. With Warm Regards. DSKF16.
NSE:NIFTY
by DSKF16
7
LUPIN: Looks Good for Portfolio HealthLooks Good for Portfolio Health or to protect Portfolio. When NIFTY Index is in correction, maximum time behavior of Pharma Index, as Protector. lupin major contributor of NSE Pharma Counters. After decent correction (More than Extended #2 AB = CD), consolidating at @ 970 - @ 980 zone. Go LONG @ 978 (LTP) For intraday TGT: @ 988.5, @ 992.45 , @ 998.8 - @ 1003.4 (HZ), @ 1015.5 More Accumulate: @ 971.80 - @ 963. Short Term TARGET & some other features plotted on chart. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. LIKE / Comment /Share, If useful & enriched your knowledge. With Warm Regards. DSKF16.
NSE:LUPINLong
by DSKF16
INVESTMENT Arena, PTC: Can We See Multi-year BREAKOUT ?INVESTMENT Arena : PTC Various PATTERN in Single Chart. #1. Bearish BUTTERFLY , #2. Pattern "W" , #3. AB = CD , #4. CUP-HANDLE . INDICATORS & OSCILLATORS Signals UP-TREND. Daily View With BUY ENTRY Levels & ST, MT & LT Targets will published LATER . Check Time-Line Regularly or as you wish. If this post enriched your knowledge & helpful for trading, Please don't forget to Hit / Click Like button. Your likes are the only motivation to post better ideas in future. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. All patterns have are not fulfilled 100% criteria.
NSE:PTCLong
by DSKF16
1
Can Ideal AB = CD & Bullish HARAMI CROSS Combo Lift PVR ? Perfect AB II CD & AC II BD. also in length AB = CD (Approx) Pattern description with drawing on the chart. Due to -VE behavior of market, pattern may be extended to other forwarding pattern. Scnario #1 (bear side): Ext D = 1281.9 (plotted on Chart) Scnario #2 (bear side):Ext D = 1241.8 (plotted on Chart) Though my view in favor of LONG. WHY ? Look Candle Pattern : BULLISH HARAMI CROSS (Reversal pattern): Definition This is a Major BULLISH REVERSAL pattern , which is even more significant than a regular Bullish Harami . (Mentioned in ICICIPRULI CHART) The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a DOJI . Basically, the pattern is characterized by a black body followed by a DOJI that is completely inside the range of the prior black body. * " DOJI " : Also known to us as "PIN" Recognition Criteria: 1. The market is characterized by a prevailing downtrend . 2. A Blue body is observed on the first day. 3. The "DOJI" or "Bullish PIN" that is formed on the second day is completely engulfed by the body of the first day. Pattern Requirements and Flexibility: The Bullish Harami Cross consists of two candlesticks, in which the body of the first blue candlestick engulfs the body of the following DOJI. The body of the first candlestick may be short. Trader’s Behavior: A bearish mood prevails in the market, and a downtrend is in progress. The first day’s candlestick is a blue body, which further supports bearishness. However the next day, prices open higher than the close, or at the close of the preceding day. The short traders are alarmed which leads to the covering of many short positions, causing the price to rise further. Moreover, the day closes at the opening price, showing lack of decision among traders. The increasing level of indecision and uncertainty amplifies the likelihood of a trend change and cause a Reversal . Buy/Stop Loss Levels: In the Bullish Harami Cross pattern the first candlestick can be short. This causes the confirmation level to change with respect to the body length of the first candlestick: 1. If the first blue body is short, then the confirmation level will be defined as the body top of the first candlestick. 2. If the first blue body is not short, then the confirmation level will the last close or the midpoint of the blue body of the first candlestick, whichever is higher. Prices should cross above these levels for confirmation. The stop loss level is defined as the lower of the last two lows. Following the BUY, if prices go down instead of going up, and close or make two consecutive daily lows below the stop loss level, while no bearish pattern is detected, then the stop loss is triggered. ALL Short / Medium Term LEVELS PLOTTED ON CHART. Intraday Chart as Snapshot will be Updated later, watch time-line regularly for new updates. If enriched your knowledge, Click on LIKE , to motivate me Comment appreciated. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
PLong
by DSKF16
2
ICIL: Reversal after Ideal Prime Harmonic ABCD All plotted on Chart. Go LONG @ 145.60 (LTP at 11.40) More @ 140 - @ 144.70 TARGET: 154.7, @ 161, @ 166, More on Chart. SL: Below @ 141.9 (By Closing) or @ TSL: 139.4 (which Comes first.) Intraday / Swing TARGET: Phase -I: @ 148.4, @ 149.75 - @ 150.7 (TFZ / HZ #1), @ 153.2 (PCL) Phase -II: @ 155.4, @ 156.8 - @ 157.8 (TFZ / HZ #2), @ 160.4 (PCL) If enriched your knowledge, Please don't forget to Hit / Click Like button. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
NSE:ICILLong
by DSKF16
1
Nifty Analysis II : Harmonic Ratios and The Price ActionWhenever Raman, one of my best friend, sits in front of Television and hears a Technical analyst he could not stop himself saying," ho sakta hai wahan tak chala jaye..neeche bhee aa sakta hai..oopar bhee ja sakta hai..bc..inko kush bhee pata nahi aur hame bevakoof bana rahe hain". The psychological setup of people like him is so rigid that we can never convince them that TA is all about probabilities. At present we are in a similar situation, where index is approaching 10036 and many traders are waiting for the index to touch 10000 mark for either banking their profit or sell short. But why 10036 is so important? yes, it is 1:1 price extension taken from Feb.2016 lows. In Harmonic patterns, 100% extension (AB=CD) is said to be of great importance. There are full fledged chapters on AB=CD. The basic structure of the pattern is that AB and CD legs should be similar in price as well as time..well !! you can say approximately if not precisely. So that's it? No. The twist is that this pattern acts as a basic building block of many other harmonic patterns and there are many variation to it. Depending on several factors (can't discuss in this post), CD leg can extend much greater than AB -- 1.272, 1.618 or higher (read Larry Pesavento). We will try to discuss some parameters here while applying them on NiftyWeekly chart. Parameter 1: No. of bars Ideally AB=CD has same no. of bars in both the legs. But if CD has more no. of bars, call it a weaker leg and has greater chances of ending up as 1:1 Parameter 2 :Range of Bars The beginning of CD is the most important event. If it begins with a wide range bar or a gap, consider it at least 1:1 and chances of extending further are great. The more number of wide range bars in this leg, the better. Parameter 3: Slope of the Legs The higher the better. If CD leg is steeper than AB, there are better chances of extension rather than 1:1 Taking these parameters into consideration we can see that in NiftyIndex the CD leg has not been as enthusiastic as AB (See notes on chart). 1) No. of bars in CD are more than AB. 2) None of the bar ranges 4% (except one). The Average Range of wide range bars in CD is approx. 2.5%, whereas it is 4% or higher in AB. Notice that the range declined after 9000 mark, whereas it should have increased at break above this level. 3) Yes, slope is one parameter where CD can compete with AB. But CD does not have better slope than AB. On the basis of above discussion, we can say that there are greater chances of CD = AB. Remember that there are no better indicators than time and price action. So better follow them rather than any pattern. Dun be as rigid as Raman. Hit like / comment if you think these observation can be useful. Trade safe, stay healthy. Best Regards Bravetotrade
NSE:NIFTYEducation
by Bravetotrade
2
TataSteel : How Crazy I'm !!Another chapter in TataSteel Love Story :) Let's keep aside Tatasteel for a moment. Consider this as some very random chart of unknown scrip X, we have perfect ABCD pattern finish & even if you do with Fibs there will be very good fib formations around our expected reversal zone, RSI being oversold another reason in kitty. Usually to take a trade we look at these reasons only & then place trade when all gets valid, so I'm applying same things which are considered for random,unknown X scrip over Tatasteel here. Not an iota of change here. Why I need to post Tatasteel knowing its failure & work for Me ? i) For whatever random scrip, we apply same trade plan over n over. That's what discipline is known for ( I stopped trading F&O of tatasteel few years back, knowing My luck with it but posting to show that plan remains same forever) ii) For some scrips, some setups will never work, You need complete alternate approach - Yes it is ! ( I don't want to try something over Tatasteel, so left as it is ) iii) An alternate approach on same scrip shows Buy on Tatasteel ( Every price tick has Buyer & Seller, so I can agree with other setups 100% but can't use your trade plan bcos its not My plan, discipline again ) iv) Reason behind posting knowings its failure ? ( I have no shame in saying or sharing the info that My trades fail on Tatasteel, Everyone needs to understand failure is part of trading no matter how good you are & I know I'm not 90% or 100% winner, so I'm not ashamed of sharing failed trades, what matters is whether I followed the plan ). Here ABCD & RSI , yes I did as per the rules, so its Good trade irrespective of outcome. I believe there are few take away points from this post, Thank you ! InsiderB
NSE:TATASTEELShort
by InsiderB
4