COPPER Candlestick with Trendline with Moving average with Chart pattern with Elliott wave with Harmonic patterns study with copper
i just want to show here it does'nt matter what you know what you use.its important how perfect you are in your study.
why i ve buy this @ 620 on sept expiry.
and what my next view...
Bat
WaveTalks-Nifty-Bearish Bat Harmonic Pattern at 16665This video discussed a bearish harmonic pattern that might be quietly sitting & hiding in the price structure if unfolds exactly holding below 16701.85 then the downside support could be 16510-16530 / Below 16500 for 16370-16390.
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Last Nifty Video Idea
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Hope you enjoy the video. Good Night!!!
ONGC - The Next Portfolio Stock Pick @ 60 Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
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Plan A (Short Term Trading) -
Selling Strictly Below 82-83 Zone for Downside Target - 75/72 / Below 70 for 60 levels
Plan B (Long term Trading) -
Portfolio Stock Pick if holds strictly between 55-60 zone/watch 72-75 zone also as picking zone for targets 200+ / 300 + in months & years ahead.
No Trading if falls below 55 levels ------------------------------The Danger Level-------------------------
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TradingView Profile Page to check previous ideas
in.tradingview.com
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Thanks for your precious time & have a lovely Sunday & lovely week ahead.
SP500 Index- Nifty / Stock-ITC/Hindalco/Auropharma- Weekly CheckDisclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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SP500 Index - A possible top close to 3200 levels - Reasons for Top or Halting close to 3200
Wave Y = 61.8% of Wave -W
Middle Line of Parallel Channel is close to 3200 levels
Support / Hero turning their roles into Resistance / Villain - Polarity Reversal Concept close to 3200 levels
Index- Nifty
Nifty May Halt with Double Top at 10175 / Below 10175 for 10050 / Below 10050 for 9950 / More below 9950
Stock -ITC
Sell Below below 200 (strictly) for 195-196 / Below 195 for 190 / Below 190 for 185-186
Stock - Hindalco
Selling below 150-151 (Strict Stops above 151) Target -148 / 145.50 / 143 / 138 / 130-132
Stock - Auropharma
Selling next below 721 for Target 700 & Below 700 for 650-660 zone
Nifty - H&S Pattern or Hide & Seek Sell Below 9450/9375Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Hide & Seek = In Hindi called "Luka Chipi" - This Video Starts with a lovely musical piece from Bollywood Movie - "Do Anjane" - "Luk Chip Jao Na" lead role played by Senior Bachchan- Bollywood Super Hero.
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Trading Strategy
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Plan A
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Sell Strictly below 9450 for 9375 / Continue Sell later only below 9375 for
Target 1 - 9175-9161
Target 2 - Below 9175 for 8980-9000
Target 3 - Below 8950 for 8800 & 8700
Plan B
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Selling The Alternate Bat Pattern in the zone 9650-9700 ( If Stops) with strict Stops above 9735 for
Target - 9450 / Below 9450 for 9375 / Below 9375 for 9175-9161
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Previous Ideas can be checked from TradingView Profile Page
in.tradingview.com
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Thanks for watching this video & Thanks for your precious time. Have a wonderful week ahead.
ITC - Turned into STC - Will You Buy at 170-172?Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Targets Upside (Strictly Holding 170's)
176
179
180-182
Above 182-185 - No Trade Zone
If Stops in 180-182 ( Strict Stops above 183)-------------Target Downside 179 / 176 / 170 / Below 170 - 158-160
Thanks for watching this video.
Nifty - BankNifty - USDINR - DOWDOW
Monthly Kijun has always been held since the Sub-Prime lows. If 25600-24800 gives way then 22700 would become a possible target
USD INR
Monthly has made a Bearish Harmonic AB=CD.
Weekly has done its minimum Dragon target, further sustaining above 74.75 would take it to 77 to complete its next Dragon target
Daily has also made a Bearish Harmonic AB=CD. Ideally sustaining below 74.25 would trigger a decline
BANK NIFTY
Monthly Kijun 28100-27400 crucial for upside.
Weekly has made a Bullish Harmonic Reciprocal AB=CD also, if that fails to hold then 26500 would become a possible target.
Daily has made a Bullish Harmonic Bat at FRI low
NIFTY
Monthly 1st support at FRI low if breached again then 10550 resistance 11200
Weekly 10850 needs to be held on closing basis else it opens for 10550 and then 9800. It also has a Bullish Reciprocal AB=CD at 10800-10750.
Daily has made a Bullish Harmonic Bat at FRI low.
For it to start reversing and moving up it needs to get above the following resistance lines 11050 / 11200 / 11500
NiftyNifty through the week was within a falling channel making Lower Lows and Lower Highs. At close today it came into the PRZ of 3 Bullish Harmonic Patterns, namely, Shark, Bat & Gartley. If it were to reverse from this level it needs to survive above 11940 for an hour at least. Then it could move all the way back to test the falling channel at 111975-12025. From that range (or on failure to hold 11885) we could expect the next set of 3 Bullish Harmonic Patterns. namely, Alt Shark, Bat & AB=CD get active between 11830-11860 to conclude this slanting channel trend
India Nifty -Bull Traffic -Can it be a Grinding Halt ! at 11715Disclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Plan A
Bullish Harmonic Bat Pattern - Buy Above 11575 for 11630-11640 & Above 11640 for 11665-11675
Plan B
Sell close to the tops between 11665-11680 with strict stops above 11695-11700 - Downside Target - 11550-11575 / Below 11530-11550 ( It should hold below 11530) for 11445-11465 target zone & lower 11080-11100 zone next below 11400
Plan C
Sell gets extended below 11550 for targets mentioned in "Plan-B" above
Plan D
Buy above 11715 if crosses 11695 as bullish criteria else be careful.
Thanks for watching the video & support.
Nifty - The Power of M - Magical@11550Review of last Idea
Plan A – achieved 80-90 points as discussed in the trading strategy of last video idea.
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Power of M can be experienced in various forms. One of such form was visible in current structure in 11550-11570 zone as
Bullish Bat Pattern
Bullish Alternate Bat Pattern
You can learn more about such patterns in Harmonic Trading Book Volume 1 & 2 by Scott Carney(Author).
Trading Strategy
Holding 11550-11570 as updated in status – it pushed in line & closed at 11600 mark. We look out for following targets
11675
11710
11760
11825-11850
Traders can plan to sell at the highs of 11675 / 11710 / 11760 but surely avoid selling if index moves above these levels as bulls could control the move.
Hoping for new all time highs with 11550-11570 holding as support downside.
Thanks for watching this video & your precious time.
Nifty-Elliottwaves-Let us make some wedgesAnalysis Done on Spot / Cash Data
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Status Update at 09:13 Hrs / 9th April 2019
Last Price@11598
Buy Close to 11550 – 11560 zone ( No Buying below 11550)
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Key / Critical Support & Resistance Levels
11550 (Critical support level Next)
11760 (Critical Resistance Level Next)
Trading Strategy
Plan A
Buy Above 11600 for 11690-11700
Plan B
Buy Above 11700 for 11750-11760 ( No Buying Below 11700 levels)
Plan C
Buy Above 11760 for 11825-11850 zone upside (New Highs for India Nifty) – Giving us 3rd leg in the wedge structure which is our assumption.
Plan D
Selling somewhere close to 11825-11850 once you get some resistance (be careful as it non chartered area) for downside target 11715-11730
Plan E
Later Buying holding above 11700 for 11900-12000
Plan F
Selling Later on New All Time Highs for Downside Target –close to voting day in Mumbai which happens on 29th April 2019 for downside target of 11310-11325 zone as suggested over the video.
Plan G
Buying in 11310-11325 support zone for upside target 11425-11475
Plan H
Selling Also below 11300 for 11120-11150 & below 11050 for 10730-10785 ( Nation Strike’s Back Zone)
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“Say Cheese” Moment for me in last few days
5th April 2019
RBI cuts repo rate again by 25 bps as it did last time in Feb 2019 & we were sellers close to 11117 Idea as published earlier – “History has the answer - Careful above 11050”- Result was fall to 10585 (Double Bottoms)
7th April 2019
Got the push to 11690-11700 zone & Selling was suggested below 11700 for 11610-11620 zone which got extended to 11550 (Critical support level Next)
8th April 2019
Fall Started with gap open & making 11710 new highs for the day- yesterday – 11550 is critical support level next.
Thanks for watching the video & Your support. Enjoy The Markets.
Auropharma-You don't Know-Fall@792 Wish you Happy Holi & May this festival bring lots of colors in your life!!!
Education & Trading Idea
Wedge
Wedges are a multiple price wave reversal pattern. Wedges form when the waves of an asset move within a narrowing range, angled either up or down.
When the pattern completes, and the price breaks out of wedge, it is usually in the opposite direction the wedge was pointed.
This is why it is called a reversal pattern.
Books on Harmonics
Harmonic Trading Volume 1 & Volume 2 - Scott Carney
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Trading Strategy ( All Analysis Done on Spot/cash data - Kindly Adjust Futures Data Accordingly)
Plan A -
Holding 770 lows - Traders can look to buy with strict stops below 770's. Can Expect Upside Push to 793-797 zone as upside target
Plan B -
Selling Later from 793-797 zone with strict stops above 805 (800 is key reversal level - 805 is critical reversal level)
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Note -
Safe Trader -
Don't Take Sell as per plan B if it moves above 800 level
Risky Trader -
Can remain in Sell as per plan B as critical level is 805
This Idea gets invalidated once price moves above 805 level
Thanks for watching the video.
Nifty - Modified Bullish Alternate BatFirst Sell - Later Buy
12:56 Hrs / 31st Jan 2019
Last Price@10749
Do read the update carefully & manage your risk while trading. As trading derivatives is highly risky.
Facing Resistance Above 10750 levels & Suggested in all the status updates that we shall be careful in 10730-10750 zone & holding above 10750 only we will look for 10790-10800 next resistance zone.
Trading Strategy
Plan A
Below 10750 - We shall look for a fall close to 10585-10550 zone downside
Plan B
Buying Later if Nifty Halts in PRZ (Potential Reversal Zone ) - 10550 -10585 zone
Plan C
Harmonic Pattern is violated but we will plan to buy if 10525-10535 provides support for upside target 10750-10825
Plan D
Plan to Buy close from 10500 if goes below 10525-10535 zone for same target upside as mentioned in Plan C above
Auropharma - Modified Alternate Bullish Bat
Nifty - Market Opens - Magic Starts 10900-10925 Zone 13:06 Hrs 26th Sep 2018
Last Price@11015
Hello Readers
Recent Low @10993
Pardon me for saying wrong figures over the video at 7:17 & 7:35 length of the video.
Key Zone
Mentioned only one important support zone in the video - 10975-11000 zone
Magical Zone
Critical zone 10900 - 10925 (Not mentioned over the video)
Trading Strategy
Buying in 10975-11000 zone or later in magical zone 10900-10925 - Below 10900 - we will wind up which is slight modification over the video suggesting we shall wind up if goes below 10975.
No Buy Trades Below
10900 -10925
Upside Target zone
First Zone -11240-11250
Second Zone - 11340-11350 only if holds above 11250
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25th Sep 2018
Bullish Bat between 10885-10900 - Falls from 10975 to 10883 - Boom
Taking breather at 11050 for the day
Falling in the Magical Zone 10900-10925