On TCS 60 mins chart, we have a potential Long opportunity at the D leg completion of bullish BAT setup . The price reversal zone is between 2424 & 2404 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed below X leg structure support . Target 1 - 2487 Target 2 - 2525 (When...
Hi, On NIFTY , 30 min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup . The D leg completion of BAT is @ 8901 (PRZ). The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed below X leg structure support . Target 1 - 9022 Target 2 -...
On ICICI 60min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup . The price reversal zone is between 259.8 & 255. The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed below X leg structure support . Target 1 - 272 Target 2 - 280 Trade with Care Gulz
On the GLENMARK PHARMA, 1 hour chart we have a potential long opportunity at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 876 & 833 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement...
Hi, On Voltas daily Chart, we have a potential bearish BAT with D leg completion at 393. TGT 1 - 353 & TGT 2- 327 STOP - Above X (408) As the price near to the Potential reversal zone, we will look for the price action for short opportunity - Also Pls note, any long green candle which cross the entire PRZ will invalidate the pattern ( which indicates that...
BULLISH BAT SPOTTED ON TATA STEEL 15 MINS TARGET SHOWN in Chart Stop would be below PRZ
Hi, A good short setup is developing on Adani Ports daily charts. Watch PRZ (Potential reversal zone) & enter based on the price action- Use shorter time frame candles to analyse the price action while the price hitting the PRZ. Two Targets : TGT 1 - 36.5 & TGT 2: 30 Stop loss would be above X point ( based on the risk appetite) ** Never ever do long...
HARMONIC BAT : It is considered to be one of the more accurate patterns exhibiting a higher success rate than any other harmonic patterns.The Harmonic Bat pattern has the following characteristics which can be used to identify the Bat pattern. • B point at a less than a 0.618 retracement of XA, preferably a distinct 50% or 38.2% retracement. • "BC" leg...
Hello Traders, I have spotted Bullish BAT pattern on NTPC. Potential Reversal Zone (PRZ) is highlighted on the chart. This time, we have little wide PRZ. It is made of 1.27AB, 0.886XA and BC Fibonacci ratio confluence. Once price enters into the PRZ, one can take a long entry. This potential swing trade has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.3 for...
HeroMotoCorp is in last leg of bearish bat formation. Might hit 3323 and 3409. Go long above 3255.
Multiple Harmonic Patterns have formed on COALINDIA. Bearish Cypher and Bearish Bat signal us short trade opportunity. Price is already in my entry zone but I will wait for Overbought RSI to give me additional confirmation to take short trade. Good Luck!!!
Found this pattern lately but can make use of this post to identify next opportunity to trade.
Rsi oversold area divergence on 5 min chart and bullish bat pattern on 15 min chart of Deepak fertiliser stoploss - 255 Target - 278 and 284
Bearish Bat formation on Maruti on EOD and bearish sign for short term. Note : Please wait until the pattern get filled. Trade: Short below - 5785 Target 1 - 5650 Target 2 - 5560 Target 3 - 5465 Stop Loss - 5890 Reward Points - 320 Risk Points - 105 "Happy Trading"
Nifty 15 minute chart bullish bat pattern stop-loss - 8215 Target - 8306
Axisbank in monthly charts is near a cruical Trendline support and formed a small body hammer near it. now in the coming month a close above 482 is important for bulls to hold grounds, upper side resistance comes near 492 and 525-550 supply zone. if the trendline is breached for any reason a big fall can be expected for 260 where bullish BAT pattern completes and...
It is been observed that the price action forming a Bearish Bat Pattern on hourly chart along with Bearish Pin-Bar pattern, indicating short weakness ahead. Target: 1400 Target: 1382 Stoploss: 1440