IEX is an Indian Company in Power Sector. Recently after forming a Bearish Bat, Share price fell by almost 20% from 303 to 235 The RSI of the company also reached 30 level - Key level for bounce back After taking support at its previous low that is the W pattern low 1 at 236- 232 zone ( purple rectangle in chart ), The share has shown a healthy bounce led by...
Bajaj Consumer is in sideways and ready for a big move Reasons/Traits : • Bearish Bat harmonic pattern is forming (gets activated if price goes and stays above 265 • Price is in sideways since few weeks • Price is revolving around 13/20/50/200 EMA • Big movement can be expected from stock which are in sideways since long and hovering around all EMA’s What can...
Multiple bearish harmonic pattern formation with prz levels at same point,,, trend reversal can be seen from current levels,, counter can give fall of 15-20% from current levels,, Good short candidate
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 POST. DON'T FORGET TO SUBSCRIBE. COMMENTS WRITE DOWN BELOW OF THIS Chart... ...
Nifty bearish bat pattern formation,, good short candidate,,
It a nice sell signal from 281.5-281.7. If SL safe you can see minimum 10 points down side. SL & Tgts marked in chart for better exits Consult your own analysts before take this entry.
LT short at 1535 - As per predication in day or two it will reach 1535 and then it will fall form 1535 according to Bearish Bat and Bearish Crab harmonics patterns
Bearish bat With PRZ = (992 - 996 ) Do share your view #KEEP THE CHART SIMPLE
Banknifty positional short level mentioned in horizontal ray
Reliance has shown a bearish bat pattern. However, the last leg of the pattern was super strong, so no trading as of now. People holding in cash may hedge with a put option. Shorting call options can be risky when the stock has such a momentum! This material is just to introduce the Bat Pattern. As per Scott Carney - A Valid bat pattern has the following...
So, get ready for booking profits as this short trade is superbly set and is supported by RBI's bubble in equity market news
Bank Nifty Buy CMP 34606 Buy @ every gap Down or buy @ dips till SL 33000 in Daily candle not closed Trendline Breakout - VOLUME Breakout Target 35000- 35500- 35800- 36300-36770-37384- 37800+
Nifty has made a slow and a steady up move and it is now near trendline resistance and harmonic PRZ. Hourly RSI is above 80 which also indicates overbought. Looks like fresh short position can be created near 14972.45. CMP - 14949.4 Entry - 14972.45 Target 1 - 14851.45 Target 2 - 14777.25 Target 3 - 14717 Stop loss - 14985.3
The harmonic pattern is showing the price reversal zone of XRPUSD is between $ 0.61 to $ 0.64. Minimum target of $ 0.44 This is a Bearish Harmonic Bat Pattern.
Reasons for sell • Falling Trendline can act as resistance connecting 15336 & 15045 Highs • Corrective wave close to end its structure which started from 14416 lows • Bearish Bat Harmonic structure PRZ below 15045 More confirmation for selling to be confirmed • Once Index takes out 14890-14900 zone • Slips below gap up zone 14828-14892 zone Target...