GNFC is Rallied Continuously. Near 3.618 Extreme Level it will Cool Down Ready For Short near 834 to 853 Level
#IIFL updated harmonic Harmonic worked perfectly No fresh entry. Profit booking target-350 CMP: 332 @ 10 April 2022
ACC: Industry: Cement and Cement Products The stock is discounted at 17% from all time high levels. Daily Chart: 1. Respecting its falling trendline 2. Forming RSI Bearish Divergence (Stock is forming HH and RSI is forming LL) 3. Formed Doji and Shooting Star (bearish candles) on trendline Addl Points: 1. FII/FPI have decreased holdings from 13.76% to...
spike up move from the 1st candle of the day without any retracement( considering 5 min chart) appears as bull trap. reversal awaited
Nifty has been continuously moving upside with gap up positions from the last three days, it may be considered as a spike. Zone 17500 to 17000 is seen to be good fight between bulls and bears with bear sell at top range and bull buying at the bottom range. Sentiments still negative with neutral point of view.
Nifty may further go to 17500 or maybe open at that level then we should act as per levels.
This is a conventional chart pattern - Head and Shoulder on the bearish side. This set up is most likely rewarding when completes. Here in the example I have taken Crude Oil (MCX) as an example. Profits are generally the height of the head from the neck line.
Bearish Scenario A sustained move under .7537 will indicate the presence of sellers. If this creates enough downside momentum, we could see the start of a correction back to the first support zone at .7351 to .7307.
Combining Pitchfork and harmonics gives better results . Look at the rejection of pitchfork at the higher parallel line.. if we see a bearish move tomorrow and 17k is breached then we can clearly see stronger move down side .. and the target is given on the chart .. thats where the D leg started for the Gartley pattern and the target for that swing can also be...
Symmetrical triangle formation at Dr. Lalpath's lab, can go up as well as down, probably down because of Pharma index looking week on weekly timeframe
#L&TFH next harmonic - update Target- 93 PRZ-71-73 SL-69 CMP:74 @ 8 February 2022
FRETAIL sell below 41 tgt 22 12 sl 72 Don't expect anything big from this.
#CREDITACC Harmonic worked perfectly Near to profit booking zone PRZ-836-827 CMP:804 @ 14 MARCH 2022
GBPAUD is currently at a very good supply zone. It should drop to next demand area what do you guys think about this.
If this second H&S pattern valid, this level going to work till my last target. Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Banknifty reversed from day highs today and saw pressure at the zone where we marked as a potential resistance and close well below that levels. Now talking about the future we can see Banknifty test 34000 and it might break it as well. If 34000 breaks than we can see prices attempts to touch 32000 level where index see some support. While on upside resistance is...
i think market wii be sideways to bearish tommarow my analysis is only for educational purpose
Banknifty Trading Near support area around 33800. if the break is level and trades below this level in 15 min candles then more falls expected