S&PHello & welcome to this analysis
S&P has entered the PRZ of a bearish Harmonic ABCD pattern. It gets activated below 5175 and negated above 5210
A reversal from here could form a lower high in the index
Bearish AB=CD
Hindustan Aeronaut HAL Bearish ABCD and Extreme CRAB PatternBearish ABCD Pattern is active in Hindustan Aeronaut. If the momentum remains active then we might get chance of Shorting near Extreme CRAB PRZ Levels
Bharti Airtel Good short CandidateMultiple bearish harmonic pattern formation on weekly time frame with bearish divergence on rsi and macd indicators,, prz levels of both pattern confluence around same levels,, counter have achieved the maturity levels of patterns,, waiting for reversal bearish candle on 60 mins and 240 mins,, once the confirmation is done,, expecting a fall of 7-10-15% in counter,,,
Good short candidate
BEARISH ABCD IN COMEX GOLD IS AHEADIf todays low is low for COMEX GOLD for next few days, we can expect a new low from 1807.7 range.
SL and Targets mentioned in details.
GOOD LUCK
CRUDE OIL FORMED BEARISH ABCD IN 2 HR TIMEFRAMECrude oil need to reversed from cmp tgts marked blue color n sl marked in black color
Take your own analysis before entry
A possibile Sharp Fall!! - Bearish Butterfly & Broadening WedgeExpecting TVC:USOIL to go for a sharp correction.
Harmonics 4-point & 5-point pattern helped identify a Potential Trend Reversal Zone, where bullish movement may end & trend may reverse.
Got a terminal candle confirmation in the PRZ.
Also, in a broader view prices formed a Broadening Wedge Pattern (a-b-c-d-e wave structure) which might possibly be a B-wave in an A-B-C Correction Wave pattern.
Apollo Hospitals | @PRZ | Ready to Short | Bearish 1.618ABCDApollo Hospitals at 1.618 AB=CD HARMONIC Reversal zone.
Bearish Divergence.
Will update targets once trade is active.
Bearish ABCD PATTERNShort fall in TVC:USOIL can be expected upto the trendline support.
Or to fib support levels.
Bearish ABCD Pattern 50% Target hitBearish ABCD PATTERN formation in weekly chart, defined a clear resistance zone. Price has corrected upto 50% levels.
NIFTY 500
Harmonic Trading Patterns have several patterns, one among them is AB=CD, currently CNX 500 has shown a reversal from the PRZ signifying bearishness. Fresh bullishness as per the pattern would happen only if it negates the pattern above 9500, the strength of the pattern reversal would further accelerate below 9000 for its expected retrace levels as per theory of 38-50-62% which are near 8500-8200-8000
Nifty & NIFTYITNifty is making a Cup & Handle in lower time frame, a breakout level coincides with the Bearish AB=CD between 9600-9650 which I had already suggested as a possible level in my previous tweets, view would go wrong below 9100. At the same time NIFTY IT in hourly is on the verge of an IHS breakout which suggest 13500 as a probable level. Both suggested levels could be the culmination zones for now at least for the bounce which started from 7500.
Adani EnterprisesWeekly time frame Bearish Harmonic AB=CD can retest 180
Daily time frame diagonal ending, breakdown below 203
Hourly time frame Bearish AB=CD prz 215
View would negate above 223
Jubilant FoodworksIt has entered into a PRZ of a bearish harmonic pattern AB=CD which is also inline with an Ichimoku time and price resistance. A retrace till 1450 from here. View negates above 1625
IndigoIt is at a Bearish Harmonic Pattern AB=CD prz. A reversal from here could take it to 1750/1650 levels. Confirmation for that would come if it sustains below 1840 for an hour. In that case view would negate above 1880
