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...
Adaniports after the fall is now in the PRZ of BAT pattern. can be longed at current levels r at dips Entry 288 SL 280.4 Target 1 294 Target 2 309 Reward min 6 Reward max 21 risk 7.6 ROR1 0.8 ROR2 2.8 Current level ROR is less than 1 so ROR players can wait for dips.
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
Bullish Bat Pattern is forming on ABB. PRZ is near to previous structure support.
It is been observed that the price action formed an important harmonic pattern called Bat Pattern indicating bearishness and a counter trend trade opportunity. It is a low risk trade as the price action has already reached to the previous resistance levels at 406. Now if the price action breaks and close above the previous resistance levels of 406 then we shall...
Nifty the collapse is currently seeing bounce from the PRZ of the harmonic pattern. Good ROR trade setup available CMP 8611 SL 8475 Target 8764/8984/9050 Pattern name BAT ROR min = 1.14 ROR max = 4.14
As observed on daily chart, there were two harmonic patterns identified on daily chart mentioned below First: Bearish Bat Pattern - Completed - marked in yellow Second: Bullish Gartley Pattern - in progress to complete D leg - marked in Green Target: 255 Stoploss: 267
Banknifty last week hit trailing stops and I exited my positions for breakeven, booked 50% only on 1st Target. So its a ok-ok trade only.No we have potential bat pattern completion & ABCD pattern completion around same zone in BankNifty, so guys when 19250's are reached be vigilant. Another thing Banknifty is not like usual stocks which trades in 100's, we are...
We are about to reach strong support zone in Ashokley and bat pattern is about to complete in the zone, I'm expecting the market to move up after bat pattern completion. Actually today GST bill is about to get passed, for Nifty - Gap down possible, for ashokley gap up bcos lesser tax for auto sector. Its just an info, so keep a note of it and have this pattern in...