BPCLBPCL in bearish mode now
BAMM active according to harmonics study
D point is the good investment pick
Bullish Bat harmonics pattern forming is going on
#BPCL
BAMM
Banknifty Key LevelsMarked strong key levels where banknify will react. BAMM and Deep Crab in progress
SBIN Bullish BAMM above 472Near B point SBIN is struggling, With close above 472 we expect up move in SBIN
Hero Motocorp Bearish BAT and Bullish BAMMIN Hero MotoCorp Bullish BAMM is active now. Can Expect Target up to 2800. And after reversal we can short near 0.886
Bank Nifty Bullish BAMM Pattern is activeNifty has set Base and heading in uptrend . Today it has given Bullish BAMM Closing. We can initiate long up to 0.886
STAR Bullish BAMM Star has falling continuously since last some months. Now Bullish BAMM is active in STAR. One can initiate Long entry above 337.80. With Stop loss of 312
Maruti - Bullish BAMMCan use buy on dips strategy for Maruti with target of 8534 and stop loss of 7400.
HCL Tech - Harmonic PatternHCL Tech has been steadily moving up with decent volume and is on the verge of breakout above 1200. A closing above 1200 will take it to the target of 1326.
DUAL TRADE SETUP - POTENTIAL HARMONIC BAT Hi,
A Potential bullish BAT pattern under formation on 60 mins chart of PNB.
Price broken higher time frame (4 hour) trend line & inching down, which gives us an excellent risk/reward short setup (BAMM move form B leg to D leg).
Trade levels as follows.
TRADE 1
( BAMM MOVE) - SHORT SETUP
ENTRY 147.5 or below
STOP 148.6
Target 143.8
Risk/Reward : 3.4
Once the pattern completes D leg, we will have a long setup based on the price action.
TRADE 2 - LONG SETUP
ENTRY 143.8
STOP 140.7
Target 1: 147.5 (38.2%)
Target 2: 149.8 (61.8%)
Trade with Care
Gulz
