SWING trading opportunity
target = 6805
CMP = 7112
Stoploss= 7296 ( one can even modify it )
lot size = 100
check out my related idea on granules on harmonic pattern it achieved the target
FOLLOW for more !
LIKE if works !
COMMENT your view !
CUMMINSIND reaching Major Structure Zone (Yellow)
which has been a support now acting as resistance.
Tested and failed in September' 19 & January' 20
In Confluence with below
1). Weekly timeframe - 0.886(Bearish Bat) & 1.618 AB=CD
Patterns PRZ converging within 610-630 zone
2). RSI 70.64
3). Monthly timeframe - touching 0.382
1 - 485
2 - 406
CNX Financial Spot CMP 14200
Bearish Bat Pattern Formation
PRZ range 13950-14150
SLZ zone 14750
Down side 12500-12000-11500 possible.
Any reversal below PRZ zone that is below 13950 would confirm reversal,, Index can see good retracement below this levels once pattern reversal confirms.
RSI Divergence :- Price making higher high, RSI making lower high,, Bearish...
Banking stocks are looking bullish.
Bank Nifty has corrected itself and now in the support zone , will see a upmove from here.
During BankNifty fall, HDFC bank has made a bearish bat pattern...
Completion of bearish BAT followed by a falling wave.
It is near the strong support zone of 1070-80s of recent months,
Scrip can move up quickly from these...
Nifty structuring a Bearish harmonic pattern
Price Reversal Zone-11419-11452
Stop Loss- 11460
We have a sell zone and harmonic reversal, which a double confirmation for sell side..
Wait for the reversal formation near our levels..
I hope you can now see how the GC1! represents an excellent Bearish Bat low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be...
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an...
I hope you can now see how the ICICIBANK represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no...
Bearish bat appearing in Nifty 50. Price already entered PRZ.
R2 Around 9550. We need to look for signs of reversals (if any) between 9480 and 9550.
Trade only if strong signal bar appears as currently Nifty trading in a strong bullish momentum.
** Study only for educational purposes, do your own risk assessment before trading **
According to technical analysis, airtel is bearish. we shorted at 5689. the important thing is the proper risk-reward ratio which you can see on the chart . and if a trade goes against us we will go long ( after checking volumes). Another important thing to keep booking some profits.