Hi, We may get potential bullish bat long setup on Biocon hourly chart. Trade levels shown on chart. As Usual, Risk/Reward is highly favourable for Bat setup. Also a RSI BAMM may develop for this trade - Watch out RSI while price enters in PRZ. Trade with Care, Gulz
Yep, ABCD's everywhere you go, repetitively thats why Kindergarten Admission confirmed & on lighter note some people maturity level is also upto KG levels only, trying to nag others & to pick up fight. Well, I'm supercool now, than ever :) Expecting Bat formation on hourly, keeping in view of our 9k fill, this needs to fail, probably a small short covering can...
Hi, Thanks @razultull for spotting the patterns. Intact there was a shark right behind the BAT & it would have been a juicy trade but we missed it. So there is a bullish bat harmonic pattern is developing on 30 mins chart & the D leg of the BAT coincides with support trend line (green colour on chart). D leg completion is at 468.5 (PRZ). The PRZ zone is only...
A bullish bat pattern has emerged and stock moved up 2% with good volumes. If Nifty holds the fort we may see 1270 to 1300 levels in few weeks
Hi, On Tata Motors , 15 min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup . The D leg completion of BAT is @ 460.7 (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 - 466.9 Target 2 -...
On JET Airways daily chart, we have a potential Short opportunity at the D leg completion of bearish BAT setup . The price reversal zone is between 534 & 562 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 above X leg structure support . Target 1 - 459 Target 2 - 413 (When...
On DLF Hourly chart , we have a potential Short opportunity at the D leg completion of bearish BAT setup . The price reversal zone is between 153.5 & 155.5 Note : 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 above X leg structure support . Target 1 - 148.2 Target 2 -...
On Lupin 15min chart we have a potential Short opportunity at the D leg completion of bearish BAT. The price reversal zone is between 1509.9 & 1520 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 of the C to D move. Stop loss...
Bullish Bat (in process). Buy around D point.
On Ashok Leyland 30min chart, we have a potential Long opportunity at the D leg completion of bullish BAT setup . The price reversal zone is between 87 & 86. 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 - 89.4 Target 2 - 90.9 (When...
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...