Bat
Nifty - Harmonic Bat Pattern - LongNifty has formed Harmonic Bat Pattern.
Nifty has will have Bullish View on the Expiry Date.
Hence Go for Long.....
Option Strategy:
Bullish:
Buy: 10450 CE - 1 Lot
Sell: 10550 CE - 2 Lot
Buy: 10600 CE - 1 Lot
Disclaimer: Kindly do your own analysis before executing the trade
Bearish Bat - InfratelBearish bat formed, and looks like reversal has started.
Short position can be added on further pullback.
** Trade only for educational purposes. Do your own risk management and enter **
BankNifty Long Bullish BatI hope you can now see how the BANKNIFTY represents an excellent Bullish Bat low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Cormandel International - Bearish Harmonic Bat Pattern - ShortCormandel International has formed Bearish Harmonic Bat Pattern ....
If the script falls below 605 - go for Short
SL - 660
Target 1 - 575
Target 2 - 550
Target 3 - 500
Target 4 - 450
Disclaimer: Kindly do your own analysis before executing the trade
Auropharma - Bearish Alternate Bat - Sell below 775 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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This is a correction happening in Auropharma. It will be choppy & confusing as suggested earlier once we get the correction - going above 810 -This stock is getting ready for big moves later if holds strictly above 810 & crosses 840 as well.
Trading Strategy
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Sell Strictly Below 775 - with stops above 780
Once it falls below 770 then kindly trail stops to cost price of 775
Downside Target -
750 / Below 750 for 730
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