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Bullish Gartley

HDFC Bank - Bullish Gartley / Failed ZEE / BlockBuster IREDADisclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? HDFC Bank: Bullish Relief in Sight The stock has formed a bullish Gartley pattern with a Potential Reversal Zone (PRZ) at 1375-1390. This zone, backed by historical support, offers a glimmer of hope for bulls following the recent market downturn. For a continued bullish view, it's essential that HDFC Bank holds within the 1375-1390 range. In simple words, It's important the stock stays in this range (1375-1390) for a good chance to go up. Be careful with your trades. ZEE Entertainment: A Missed Bullish Trigger ZEE Entertainment failed to surpass the critical levels of 250 & 300 as suggested & didn't go up as we hoped., which were essential for a bullish move. Consequently, we had to manually close this trading idea. It serves as a reminder of the market's unpredictability and the need for vigilant trigger level monitoring. IREDA: A Stellar Run IREDA's performance has been nothing short of spectacular, with consecutive Upper Circuits from the purchase zone of 110-112.50. Remarkably, the stock rallied from the 114-116 area to close at 169, hitting our projected target zone of 165-175. This success story provided an exhilarating experience for those who seized the opportunity, showcasing the rewards of timely and strategic trading. As we navigate through these market dynamics, let's stay informed and strategic in our decisions. Here's to a fruitful week ahead in the markets! From WaveTalks Market Whispers
NSE:HDFCBANKLong
by WaveTalks
1
Bullish Flag & Pole B/o in ShalbyA bullish Flag and Pole B/O has been seen on the Daily chart of NSE:SHALBY As per the current breakout structure of flag and pole one look in to it to create a fresh position at cmp with a SL 167 for first target of 197. Exit the position if the stop lss triggered on daily closing basis. The risk reward ratio for the trade is 1:2 Expecting a small favour from you to like, sahre and prmote the idea. Your comments are most welcome. The idea is for Educational Purpose only.
NSE:SHALBYLong
by raigvivek
Bulish Flag & Pole B/O in Z.F.SteeringA bullish Flag and Pole B/O has been seen on the weekly chart of BSE:ZFSTEERING It is als consolidation within the Ascending Triangale also. As per the current breakout structure of flag and p [ole one look in to it to create a fresh position at cmp with a SL 590 for first target of 690. The tragts may be more hisher when it gives the breakout of the Ascending Trinagle. I will update accordingly. Exit the position if the stop lss triggered on Weekly closing basis. The risk reward ratio for the trade is 1:2 and more if ascending triangle breakout happen Expecting a small favour from you to like, sahre and prmote the idea. Your comments are most welcome. The idea is for Educational Purpose only.
BSE:ZFSTEERINGLong
by raigvivek
WaveTalks- Nifty: Bullish Gartley The fall from 18605 looks choppy & messy suggesting that the index could have finished a part of the corrective structure at 17799 lows @ 28th Oct2021 if holds above that level. Bulls & Bears will be locking their horns between 18605 high & 17799 low – a range of Approx of 800 points. --------------------------- Short Term Scenario -------------------------- • Index can bounce upside. Reasons for bounce • Harmonic Bullish Gartley PRZ (Potential Reversal Zone) 17799-17850 • Triangle B-D line extended in the right direction (red color dashed line) • Parallel Channel drawn from 18605 &18342 holds the current bottom at 17799 (lows-28th Oct2021) ---------------------------- Short Term Targets ---------------------------- Strictly Holding Above 17799 lows –Target 1(T1): 17950 / Target 2(T2): 18050/ Target 3(T3): 18125 / Target 4(T4): 18325 -------------------------------------- Last Idea - Gap Strategy -------------------------------------- Thanks
NSE:NIFTYLong
by WaveTalks
8
HCL TechHCL Tech Reasons/Traits : • Bullish Gartley harmonic pattern is forming (gets confirmed if price goes and stays below 1254) • Price below 13 EMA ready to touch 50 EMA • Price is below 0.236 retracements levels • RSI falling What can happen next : Scenario 1 : Price sustaining above 1265 levels can take it to 1285/1335/1365/1400 levels Scenario 2 : Price break down below 1254 levels can take it down to 1227/1182/1135/1070/980 levels Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you! Please do like and share this idea. Thanks
NSE:HCLTECH
by AdhigamaTrading
3
WaveTalks- Nifty: Bullish Gartley PRZ 17450-17475 (Target-17740)H.M. Gartley's most trusted harmonic pattern - Bullish Gartley could be right there in the zone 17450-17475 which is assumed to be potential reversal zone. ------------------------- Target ------------------------- 1st Target upside - 50 Period Moving Average = 17675 2nd Target upside- 17740 - where fall started on expiry day @ 30th Sep2021 ------------------------------------------------ Stop Loss ( Avoid trading ) ------------------------------------------------ As a trader you should always know where you can go wrong. In current case - Potential Reversal Zone 17450-17475 can fail if Index fails to get the support. Historically - 17430-17440 is another important zone which was 2nd Target in the idea published on 8th Sep2021 - Bullish Butterfly
NSE:NIFTY
by WaveTalks
25
Ashok Leyland At CmpBuy At cmp Stop Loss 112.40(CLOSING BASIS) HEY TRADERS, THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD... HOPE YOU ALL FIND SOME VALUE Here...SO, DON'T FORGET TO LIKE AND SHARE THIS POST. DON'T FORGET TO SUBSCRIBE. COMMENTS WRITE DOWN BELOW OF THIS Chart... THANK YOU... ~Disclaimer: "I Am Not Sebi Registered Advisor" All views and charts shared in this terminal are purely for knowledge and information purposes only.
NSE:ASHOKLEYLong
by ashish_2108