We have bullish ABCD extended pattern already in Crudeoil, still we have minor patterns inside pattern we got, If break yesterdays high i will take sell entry as per attached setup.
This is just my own idea.
You take your own analysis to take this entry.
TECHNICAL ANALYSIS OF NSE:KOTAKBANK
The LAST CLOSE PRICE of NSE:KOTAKBANK is 1733 . The PARABOLIC SAR is showing the DOWNWARD SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.618 at the FIBONACCI STOCK PRICE LEVEL of 1733.05. From here, the Key Support and Resistance levels are SUPPORT 1 at...
first long with the target 2900, then short with the target of 2800 always trail your stop loss
LTTS buy around 2500-2530 with the sl of 2430 ( sl on 15 min candle close )
Sell around 3000-2950 with sl of 3070 (sl on 15 min candle close )
Jamna Auto in the daily chart showing a bearish reversal as per Harmonic Cypher Pattern.
One can enter a short trade at or below 57 ( Fibonacci 0.786 level) with a Stoploss of 65. The exit may be planned at 31 marks.
Risk Reward ratio -: 1:2.5
Support line post-Mar 2020 are Resistance line pre-Mar 2020 are clearly coinciding at 13200 levels. Also, if you see Fibonacci retracement level also falls around 13000 levels. A 3-day continuous fall clearly reflects a weakness in the market with all global markets bleeding red.
Finally #bears will be able to take control of the market. #Nifty50 #fall...
Bearish Cypher Harmonic Pattern has been formed in the daily chart of India cement, which is highly reliable. It is neither end of uptrend nor start of downtrend, but as per the completion of Cypher harmonic pattern, Price may fall upto 0.618 retracement of CD leg. Hence first target would be 0.382retracement of CD leg i.e 100.65 and next target would be 0.618...
In SBI, we have perfect-potential cypher formation if all goes as expected we will be getting reversal around the 305's zone to downside. RSI also looks bit oversold but on cypher completion it may go well above current levels.
Aggressive traders can enter Right on touch of 305's zone
Conservative traders look for additional setups in the zone or an reversal...