POWER GRID AT PROFIT BOOKING ZONEHEY 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...
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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...
Bearish Patterns
Nifty50 Analysis 01-09-2021Hello, Today I am Sure That Nifty-50 Will Fall Down And TARGET :- 17064.55 ( Nifty-50 Closing Bell ).
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I am Not Responsible If your Stop-Loss Hit And! I am Also Not Responsible If Regulator Call Me Manipulator.
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For My Lovely FAN
Bank Nifty Short Term Reversal Zone
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...
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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.
GBPJPY SellAs we can see that the asset is simply following its all the conditions , like it went for the double top then from there it came down from the resistance.
Now following the box, It is going to show a down side as given by the Bearish Candle, But it might also go for the resistance line.
I will take the sell trade here because it seems to be a great opportunity.
Traders can follow the higher lows and Trail Stop loss to get handsome profit;
else Go for the given target.
NZDUSD ShortAs we can see clearly that in my chart the market gave the red candle before closing.
I know the market was volatile on Friday but looking at the previous factors we can say that the asset usually falls from this area and the another confirmation is the Resistance line which threw the market back from this point.
Hindustan Aeronautics Wait For My Instruction
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...
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~Disclaimer: All views and charts shared in this terminal are purely for knowledge and information purposes only.
WaveTalks-Nifty-The Evening Star / Wedge CollaborationThis short video explains how the evening star turns into a wedge pattern. If correct, downside 16590 was critical support, holding above Nifty could bounce back again to 16680-16700. On the upside, Holding below 16712 highs, It can attempt to fall back again to 16615-16625 & assuming that if Index falls below 16590-critical support, it can fall to 16500 / 16440 / 16400 levels
When you splash around the water, you get to hear a peculiar sound which you heard over the video at the start.
I have compared that sound of up & down in Nifty Index to water pool splash. This scenario in technical analysis is called a wedge pattern
What Is a Wedge?
A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series throughout chosen periods. The lines show that the highs and the lows are either rising or falling giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action.
Elliott Wave Analysis
These wedges are further classified as Type 1 / Type 2 diagonal (wedge). Depending on the position of the structure unfolding. They are called
(Type 1)Leading Diagonal – Start the price move
(Type 2)Ending Diagonal - End the price move
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Last Video Idea - Nifty Bearish Bat Harmonic Pattern
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Nifty Level For Tomorrow ( Price Action Analysis)If Tomorrow market opens flat and taking support 16588 and form a strong green candle go long for 50 -60 Points OR
If Market opens Gap Up above 16645 and forms strong green candle go long. Or open gap up on 16645 and faces resistance and taking support on today high then go long If Market Open Gap Down then above 16690 and form green candle go long or level breaks go short go short
Nifty Resistance 16650 16700
Nifty Supports 16530 16340
All advice is for educational Purposes
Breakdown in APOLLOTYRE, How to go Short on a Stock!!!NSE:APOLLOTYRE
APOLLOTYRE which was Trading in a down channel has gone bearish and gave a breakout on downside of the channel
below 207.5 the stock has high chances to fall till 200 and if 200 breaks which has most PUT writing then more fall is expected
Currently Selling pressure in Major indices and fear mood of market would Help us going short on it.
Also PUT Unwinding has started in ATMs and ITMs
Conditions for going short
1. we need a breakout on a Support or a supply zone and closing below it
2. Trade would be more accurate if the breakout is on higher time frames such as 1D Time Frame
3. Selling Volumes must be higher, which would indicate a Heavy selling
4. If the selected Stock Contributes to any Index with good weightage then we must also consider
the Index performance and mood too for additional Assurance.
5. If the Stock has FnO then we must see that is any PUT Unwinding.
6.See if the Stock goes below 50dma.