BATAINDIA (1783.15 - 1793.35 - 1804.50)BATAINDIA
Sell
E: 1783.15 - 1804.50
S: 1895.45
T: 1656.60 - 1571.95 & more
Bat
BANDHANBNK Short (588.75 - 593.25 - 604.60)BANDHANBNK
Sell
E: 588.75 - 604.60
S: 650
T: 512.55 - 462.65 & more
Euro/USD Harmonic BAT Pattern ( Reversal)Euro/Usd is forming a bullish BAT pattern in the hourly format.
The price will get support at 1.20676 level (D Point) and start moving up to the target of 1.22212 to 1.23186 level.
The is a strong reversal pattern with identified Fibonacci levels.
JUBLFOOD - 4H TF - Bearish BatBearish Bat pattern on 4H Chart of JUBILANT FOODWORKS. SELL 2629-2630, SL 2660.1, Target(s) - 2602, 2590.
INFY - 4H TF - Bearish BatBearish Bat pattern on 4H Chart of INFY. SELL 1170, SL 1186.1, Target(s) - 1157, 1153.
Perfect illustartion of Bat Pattern.The Bat Pattern, is a precise harmonic pattern™ discovered by Scott Carney in 2001
The pattern incorporates the 0.886XA retracement, as the defining element in the Potential Reversal Zone (PRZ).
The B point retracement must be less than a 0.618, preferably a 0.50 or 0.382 of the XA leg . The Bat utilizes a minimum 1.618BC projection.
In addition, the AB=CD pattern within the Bat pattern is extended and usually requires a 1.27 AB=CD calculation. It is an incredibly accurate pattern and requires a smaller stop loss than most patterns.
ONGC - Did You Pick Stock close to 60's?Last-89.85
Last closed near to 90-which is short term hurdle & crossing above 90's it can push to 115/125 Target zone which will be next resistance
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Last Idea - Suggested on 6th June2020
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KOTAK BANK - 4H TF - Bullish BatBullish Bat forming on 4H Chart of KOTAK BANK. BUY 1746, SL 1719.9, Target(s) - 1770, 1780.
Multi Pattern Analysis - Expected target @ 952Hi,
We have identified the following pattern.
1) Triangle Pattern
2) Wedge Pattern
3) Symmetric Triangle Pattern.
4) Bat Pattern
5) Pennant Pattern.
6) Ascending Channel Pattern.
Currently it will test the price level @ 952 from 2 weeks to 8 weeks.
APPLIED MATERIALS (AMAT) - ATH BREAKOUTApplied Materials ATH breakout with bullish 'bat' harmonic pattern on the back of strong earnings. Gave some decisive moves once the last FIB resistance at 75.93 was out of the way.
Short-term targets 87,90,92
HARMONIC BASED SALE IN MARUTIBAT HARMONIC FORMATION TRIGGERS SALE
WITH TARGETS AND STOP GIVEN IN IDEA POST
disclaimer - study own - join - trade
SBILIFE - 1D TF - Bullish BatBullish Bat pattern forming on Daily Chart of SBILIFE. BUY 750, SL 727.9, Target(s) - 770, 780.
Bearish BATNSE:AUROPHARMA
Daily chart of auropharma
may complete the pattern.
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Do share your views.
CNX FINANCIAL good short candidateCNX Financial Spot CMP 14200
Bearish Bat Pattern Formation
PRZ range 13950-14150
SLZ zone 14750
Down side 12500-12000-11500 possible.
Any reversal below PRZ zone that is below 13950 would confirm reversal,, Index can see good retracement below this levels once pattern reversal confirms.
RSI Divergence :- Price making higher high, RSI making lower high,, Bearish divergence, RSI overbought ..
Eliot wave :- 3rd Impulse wave of Impulse phase is on verge to mature,, wave 3 have extended around 2% of wave 1.. as per theory wave 3 can be around 1.618,,2,,2.618 % of wave 1,, If Corrective wave 4 unfolds from this levels we can see retracement of 0.236 to 0.382% of wave 3.. Price wise which can be around 12500 to 12000 levels.
Alternate Bat (HARMONIC PATTERN)ALTERNATE BAT
Details as below
NSE:GRASIM XA - High (836.9) and Low (385.05)
AB = .382 of XA
BC = .5 of AB
CD = 3.618 of bc (844.05) and 1.13 of XA (895.6)
Do share your view and correct me if I'm wrong
SUNTV - 1D TF - Bullish BatBullish Bat pattern on Daily Chart of SUNTV. BUY 384, SL 367.9, Target(s) - 398, 404.
Important Ratio 1.13 @ 13084 (used Harmonic Pattern)Fib. Retracement start from 12441.75 to 7495.00 end for determing the nearest important fib ratio is 1.13 which is 13084 .
1.618 AB = CD at 10620
ITC - 1D TF - Bullish BatBullish Bat pattern forming on Daily Chart of ITC. BUY 163, SL 156.9, Target(s) - 168, 171.
BRITANNIA - 1D TF - Bullish BatBullish Bat pattern forming on Daily Chart of BRITANNIA. BUY 3380, SL 3299.9, Target(s) - 3450, 3475.
RealTime: (Introducation of Alternate) Bat T-Bar on ITC.The Specification of Alt. Bat Patterns are the following:
The B point retracement must be a 0.382 retracement.
It must have a minimum 2.0BC projection .
Requires a 1.618 AB=CD calculation.
For the targets, I used a previous important level as 171.8 & 168.9 OR you can also use retracement level to secure your profit.
