ACC is looking bullish on daily and weekly charts 1. Formed ABCD pattern on weekly chart 2. Weekly close above Upper Bollinger band 3. Narrowing Bollinger Bands 4. Daily RSI Above 60 5. Daily Ascending Triangle Breakout at 1848 levels 5. Price Above 20 SMA (weekly) Strong Support at 1870-1820 zone.. Buy on dips for a positional target upto 2130 (minor...
UPL on Monthly longer time frame is creating multiple pattern on various charts. Two significant pattern visible is Flag pole and Diamond pattern. Hence it can breakout on either side If breakout on upper side then target of 991 is expected If breakout on lower side then target of 508 is possible. currently good for trading the range unless breakout occurs...
RKFORGE :- TIME Frame : Weekly 1. AB=CD pattern running 2. Broken resistance at 286 298 3. Price Rising trend with positive volume buildup 4. Support at 245 248 IDEAs :- Buy in dip with stop 245 for upside 324 348 375+++ View only for Education purpose.
TCS weekly Harmonic Pattern ABCD in continuation.. 1. Weekly ABCD 2. Value Buy on dips 3. SL below 3200 TGT 3800
Time Frame - 3-4 Weeks Potential TGT - 2450 Given the swing low was not broken Analysis: Based on the historical candles the AB=CD pattern was always had PRZ (Potential Reversal Zone) at 1.618 fibonacci level, assuming there are very high chances to repeat the same. Note: This analysis is for education purpose only...
Bullish ABCD In Copper Buy PRZ - 702/703 SL - 698.5 Target - 710/713
Nestle India Sell PRZ - 22930/23009 SL - 23175 ( Weekly Closing Basis ) Target - 21052/20500
Bearish ABCD In Jswsteel Sell PRZ - 773/779 SL - 790 Target - 741/725
Hello Trader, I wanted to inform you about a potential short opportunity in Nifty. The market is currently forming an AB = CD pattern, which indicates a possible downward movement in the near future. The critical level to watch for this short opportunity is 18822. Once the price reaches or approaches this level, it could be an opportune time to consider...
Bearish ABCD In Nasdaq Sell PRZ 13044/13280 SL - 13600 Target - 12400/12100
Sell PRZ - 52700 ( Top Out Zone ) SL - 54200 Target - 45300/43000/41000
Below 43950 level, we can plunge max upto 43650/700 area Here Index can form base & reverse towards 44000/100 area.
Sell PRZ - 18845/18868 SL - 18905 Target - 18769/18738
1. rising wedge 2.trendline breakdown 3. expected to form abcd harmonic pattern 4.trail sl for good results
Nifty forming AB=CB with AB retracement c at 0.618 and extension till D 1.618 . High possibility Nifty take pull back or retest C , Further fall below 16700 market might crash till confirmation pending now will be looking at reversal.
BTC needs to retrace after 100% top in order to continue going up
This is purely technical analysis and educational in nature ! Recommendation: This is just a potential ABCD bearish Pattern. If the candle on 10th March 2023, is bearish with huge volume then there is a strong chance to short your trade. Also, look for any double tops or other indicators to support this bearish trend. Note: Target 1 , Target 2 and Stop Loss is...
Bullish ABCD pattern in Nifty (SL on 15 min. candle close) PRZ for Buy 16918 SL 16800 Target : 17750, 18100 CMP 16972.15 @ March 15, 2023 Chart by CA Savita Rehlan