TATA STEEL PRICE NEARING A SUPPLY ZONE.Tata steel price is near the XABCD bearish pattern's potential reversal zone. From PRZ the price could make a correction or breaking of the PRZ could lead to a short-covering rally.
For new long entrants, wait for one of these scenarios. The levels and the stop loss point are mentioned on the chart.
Happy trading :)
Only for educational purposes.
Bat
Bank Nifty Short Term Reversal Zone
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THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD...
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~Disclaimer: "I Am Not Sebi Registered Advisor" All views and charts shared in this terminal are purely for knowledge and information purposes only.
Amara Raja Batteri ReversalAmara Raja Batteri Reversal At 632
Stop Loss 607 (Closing Basis)
HEY TRADERS,
THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD...
HOPE YOU ALL FIND SOME VALUE Here...SO, DON'T FORGET TO LIKE AND SHARE THIS VIDEO. DON'T FORGET TO SUBSCRIBE.
COMMENTS WRITE DOWN BELOW OF THIS Chart...
THANK YOU...
~Disclaimer: All views and charts shared in this terminal are purely for knowledge and information purposes only.
Reliance Industries price action analysisReliance took a correction of nearly 10% from 15th June to 25th July, then made an up move. This correction completed the target of the bearish bat pattern(left side,
Moving to the current situation, the price is again at a decisive potential reversal point but being already beaten up, chances of fall are less if spoken logically. There could be a fall also, so be it becomes absolutely important to wait patiently for a trade position.
Above the supply zone, all the shorts could be trapped, a short covering move could give a strong rally upside.
This is a neutral idea. So there are no targets. Once we have a proper trend, we will set targets.
Happy trading :)
This is not investment advice, please consult your financial advisor before investing.
WaveTalks-Nifty-Bearish Bat Harmonic Pattern at 16665This video discussed a bearish harmonic pattern that might be quietly sitting & hiding in the price structure if unfolds exactly holding below 16701.85 then the downside support could be 16510-16530 / Below 16500 for 16370-16390.
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Last Nifty Video Idea
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BNB COULD GO INTO CONSOLIDATION AND THEN GIVE A BIG MOVECurrently BNB is near it's Supply Zone. The BNB could go into consolidation and then could give a big move on either side.
On the upper side if it sustains above Supply Zone with good volumes then go long.
On the lower side if it breaks the uptrend line then short and book your profits near Buying Zone or enter long positions in Buying Zone.
HEROMOTO Long Target 3600+HEROMOTO seems to be forming a W pattern in longer time frames (Weekly and Daily). Recently the company had few positive news like announcement of electric vehicles early Y2022 and good rural demand because of good monsoon. Market has largely ignored the news till now and a up-move is pending. Any dip below 2738 would be a strong buy opportunity. Safe traders can wait for conformation of breakout till 3080 is broken. The wait time can be longer so if you are in hurry my suggestion is to review any long positions.