Bearish Gartley
Bearish Gartley on Godrej IndustriesBearish Gartley Pattern is about complete, right at a previous support level.
Bearish Garley on AdaniPortsBearish Gartley and AB=CD are about to complete right at a 1.272 Fib Ext.
Bearish Gartley Formation on ACCGartley Pattern is forming on ACC.
Potential Short Entry @ 1700
Profit Target @ 1650
SL @ 1735
Happy Trading!!!
Nifty : Will Double Top & Gartley work Together ?!So, just by one quick look on the chart you will be know about the beautiful Gartley {updated yesterday morning, so I'm not sure how many of you noticed} and Potential double top formation. We predicted Nifty will taking off after Fed's but turned out to be profit booking & boring day. I don't have much expectations today also.Nifty may be ranging within 8900's - 8840's. The trade setups we have today are :
(i) If Double Top confirmed with Bearish Reversal - Short Nifty
(ii) If we find support at zone marked in green with Bullish Reversal - Long Nifty
We have Simple 5-wave Elliot completion, charts will look messy if I draw everything on Nifty. So left it out.
Pattern & Double top completion increases confidence only, doesn't mean 100% winning potential.
How easy it is... I want Nifty to be this easy everyday, Just under 180 seconds Flat, analysis is over for the day.
Reliance : Gartley with an ABCD to go short !We have resistance zone in Reliance from 1067's to 1075's, and in the same area we have bearish gartley completion along with ABCD completion. As mentioned in chart itself, it just increases our confidence or to validate setup ( our direction of trade). But that wo't give assurance that it will be successful trade in Reliance.
Happy Trading !
Bearish Gartley - BAJAJ ELECTRICALSBearish Gartley pattern is formed.
Short Entry @ 279.50
Target @ 261.00
SL @ 287.50
