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Bearishharmonics

Auropharma - Classic Alternate Bearish Bat at 1131 (Sell)Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. Auropharma Last - 1106 / 1:14 pm / 1st April 2024 After Classic 5 Waves & Stock Topped at 1177 - Last Idea Published on 1st Feb 2024 Stock Dropped to logical support of 958.50 - Minor Support from the tops of 1177 as identified last. It dropped to 958.50 lows in next few days. Currently, Stock Doing Sideways Once bottom was made at 958.50. We have a classic alternate bat with PRZ 1125-1135 zone & stock topped at 1131 -1st April 2024 as of today. Trading Strategy Stock Holding below 1125-1135 -Potential Reversal Zone - can slip to 1050-1075 support zone downside next. From WaveTalks Abhishek
NSE:AUROPHARMAShort
by WaveTalks
10
Bank Nifty - Bearish Butterfly at 39505 Highs Let us recollect the most important psychological level of 39500 as discussed could be the most critical level at present. A bearish butterfly harmonic structure completes in the required PRZ & reasons for fall discussed below & shown on the price chart. Possible Reasons for Fall Bearish Butterfly Harmonic Structure Evening Star Candlestick Formation Psychological level 39500 Bearish Divergence ( RSI) Stop Loss Above 39505 Targets Downside Target 1 - 39120 Target 2 - 38740 Target 3 - 37691 Target 4 - Will unfold once wave develops Thank You
NSE:BANKNIFTYShort
by WaveTalks
4
Nifty - Bearish Crab Harmonic PatternNifty Bounced 475 Points Approx. from the bottoms of 16840 & It was nice to capture few points in between as updated on last idea - Tata Steel / 26th Jan2022 - Markets Closed ---------------------------------- Trading Strategy --------------------------------- Pattern Invalidates above 17325 which is the stop loss Trigger comes below 17179 PRZ - Potential Reversal Zone marked as Orange Box -------------------------------------------------------------- Last Idea - Tata Steel -Head & Shoulder --------------------------------------------------------------
NSE:NIFTYShort
by WaveTalks
3
Banknifty RangeBound market RangeBound market with High Volatility Bullish harmonic Buy level 34400 & Bearish harmonics Sell level 35800 Be caution expecting a huge sell-off on 21/22 June Trend reversal day But this week we can expect a range-bound market, the market can be volatile but closing will be 35800-34300 Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
NSE:BANKNIFTY
by anandhavel2941
Nifty - Corrective Wave + Bearish Bat (Selling Below 15045)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 Downside • 14765 (Target 1) • 14725 (Target 2) • 14605 (Target 3) • 14415 (Target 4) • 14350 (Final Target) Stops or Invalidation Level***************** • Rally upside above 15045 -------------------------------------------------------------------------------------------------------------------------- Last Idea Published
NSE:NIFTYShort
by WaveTalks
50