BUY - ORIENT CEMENT CMP - Rs. 114 Target - 1: Rs. 128 Target - 2: Rs. 139 Target - 3: Rs. 148 . . Comment: Target - 3 will be achieved in the medium-term. . . Technicals - 1) Harmonic Pattern - Cypher . . Follow me for more!
BUY - ICICI LOMBARD GEN CMP - Rs. 1071 Target - 1: Rs. 1364 Target - 2: Rs. 1537 . . Technicals - 1) Harmonic Pattern - Cypher 2) Targets set using Fibonacci Retracement . . Follow me for more!
share name : alkem lab ltd call type : positional or investment - share is forming a cypher pattern with ab=cd and double bottom - a good consolidation can be seen between level 3369-2828 - 3369 is a hurdle zone for this share which acting as a huge resistance - we can accumulate this share around 2969(after competing of gartley in shorter time...
BUY - DEVYANI INTERNATIONAL LTD CMP - Rs. 145 Target - 1: Rs. 164 Target - 2: Rs. 182 Target - 3: Rs. 210 Target - 4: Rs. 257 . . Technicals - 1) Bullish Cypher Harmonic Pattern. 2) Targets set using Fibonacci Retracement. . . Follow me for more!
BUY - SONACOMS CMP - Rs 422 Target - 1: Rs. 593 Target - 2: Rs. 806 . . Technical - 1) Bullish Cypher Harmonic Pattern. 2) The stock is at support. 3) Targets have been set using Fibonacci Retracement. . . Fundamentals - 1) Company has opened a new manufacturing plant in Pune. 2) 62.66% YoY growth in EPS. 3) FII holding has increased QoQ. 4) DII holding increased...
BUY - CROMPTON GREAVES C CMP - Rs. 293 Target - 1: Rs. 373 Target - 2: Rs. 462 . . Technical - 1) Bullish Harmonic Pattern - Cypher 2) Targets set using Fibonacci Retracements . . Comment - Target - 2 will be achieved in the long term. . . Follow me for more!
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. (Color code for horizontal lines: Red - Sell, Green - Buy, Blue - targets, Black - SL). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help. Disclaimer: Im not...
•We have a bullish cypher in play here. Within the harmonic category of patterns, the cypher is a reversal configuration. •The cypher formation frequently occurs during a market trending period (HTF) and presents as a terminal move. •Next is a trend reversal.
Hindalco is at an important area… Reasons/Traits : • Cypher bullish harmonic pattern formation seen • Below 20 and 50 EMA • Trend breakdown retested and an inside bar formation seen today • RSI, MACD and Stoch are in down trend • Earlier channel breakout failed What can happen next : Scenario 1 : Price sustaining above 460 levels can take it to 472/488/510/547...
BUY CALL WITH THE SL OF 135 THE TARGET OF 170 THANKS IN ADVANCE
Bullish Cypher found in NG buy zone marked in green lines, SL will be black line book and exit as per your convenient. Before take entry consult your advisors and take your own risk. GOOD LUCK!
In 4hrs timeframe we have bullish cypher in US crudeoil, but it came up without activate. If go down again to activate it is risky call to buy, i doubt it will take SL TOO. This chart just for observation
First Potential reversal zone 14650 Second PRZ 14550 Stop loss swing low Target 200-250 pts
Note - Harmonic Chart Pattern suggested is not valid if stock falls below 1600 & Halting in the zone 1600-1625 can be seen as PRZ ( Potential Reversal Zone) for a potential upside move later ----------------------------- Trading Strategies ----------------------------- Plan A - Sell Below 1700 for 1650 / 1600-1625 Target zone Plan B - Buy once...
NSE:KEI has taken support around the Harmonic PRZ & Trend has reversed. After a sharp fall, price formed a Double Bottom Pattern & near Breakout. If it breaks above 350, expecting a 10% up movement
AXIS BANK is forming an bullish cypher with RSI conformation! wait until it reaches the D point and enter once it reaches bounces from the PRZ zone(green rectangle) happy trading ;)
High delivery with positive price closing Under consolidation for hours In zone of Bullish cypher Oversold condition Correction time
1) Bullish Cypher Pattern ( Harmonic Pattern ) 2) Stock bounced from Long Term Support. --------------------------------------------------- 3) RSI - Oversold Level (Near 30) 4) RSI - Divergence on Daily Chart 5) GAP DOWN - If any candle closed in GAP area, Stock will confirm fill the GAP. --------------------------------------------------- 6) 1st Target -...