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AB=CD

Multiple Harmonic Pattern in Gold - Bullish There are multiple harmonic patterns in Gold, bullish ones SL and Target mentioned in the chart For ones who trade in gold may be a good opportunity For Traders who trade in the Indian index Nifty / Bank Nifty, they may take a cue from this as Gold and the Indian index are usually inversely proportional.i.e., if gold increases nifty decreases and vice versa Every analysis is a hypothesis based on certain conditions. If SL condition triggers - hypothesis would be deemed wrong Happy Trading MSK
TVC:GOLDLong
by msk_analysis
Tata Motors - Will it go to the moon or fall to ground?Having reversed from harmonic ABCD and strictly following the dynamic support line, price is now 180. Key level to watch is 200 - .786 Fib of ABCD + psychological level + multi month resistance. 20% move can be seen on either side of 200 depending on how it behaves around it. Above 200 will look for 240, 240-250 would be profit booking, and strictly above 250 for 280. On downside, if 200 acts resistance, would look for 170 and below that 150 as targets.
NSE:TATAMOTORS
by bhalla1990