On ICICI 60min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup . The price reversal zone is between 259.8 & 255. The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed below X leg structure support . Target 1 - 272 Target 2 - 280 Trade with Care Gulz
On the GLENMARK PHARMA, 1 hour chart we have a potential long opportunity at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 876 & 833 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement...
Hello Traders, I have spotted Bullish BAT pattern on NTPC. Potential Reversal Zone (PRZ) is highlighted on the chart. This time, we have little wide PRZ. It is made of 1.27AB, 0.886XA and BC Fibonacci ratio confluence. Once price enters into the PRZ, one can take a long entry. This potential swing trade has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.3 for...
Rsi oversold area divergence on 5 min chart and bullish bat pattern on 15 min chart of Deepak fertiliser stoploss - 255 Target - 278 and 284
Bullish Bat Pattern is forming on ABB. PRZ is near to previous structure support.
Banknifty last week hit trailing stops and I exited my positions for breakeven, booked 50% only on 1st Target. So its a ok-ok trade only.No we have potential bat pattern completion & ABCD pattern completion around same zone in BankNifty, so guys when 19250's are reached be vigilant. Another thing Banknifty is not like usual stocks which trades in 100's, we are...
Below is Conversation Between Nifty & Myself : " Why Nifty ? Why ?? Little irritated with you. Dear Nifty, Isn't it bad to repeat same things again ??? How can we trade if you Range like this ? Nifty, its good for you if you get out of this Mindset and Do some unique move on your own, we will appreciate your moves Nifty. Just Don't repeat things,thats all I ask...
In Nifty we have two potential patterns, when there is potential patterns bcos of greed we tend to trade CD moves, its really bad habit. You should not trade CD move during your learning phase of patterns. The safest setup is to trade after pattern completion from D point. In Nifty, a week before we had more than 300 points in 10 days just by patterns but that...
I don't know why its raining patterns everywhere... Just one short caution : Trade patterns only if you are well-versed with it and if you know its success ratio. We got bullish bat pattern completion in Ambujacem exactly in support zone ,similar one we got in ashok leyland also. GSTbill looks good for cement and auto's, so I'm expecting gapup, though in Nifty I...