A Harmonic chart is presented as per the current price action for Study purpose.
A reverse is happened already from the reverse point, D and it may re-test.
$67.71 is another strong support.
It can see that the today inventory outcome is not in favor to the price and it may test $67.71
Note: Information given here for study purpose only.
The given chart is prepared in the Month of November 2021
It can be seen that the chart respects the price actions.
How strong the Harmonic patterns !!!
See the next chart where it can see the strong support
Note : All information here for study purpose
BULLISH HARMONIC AND TREND LINE SUPPORT
TRY TO BUY ON DIPS 1634.6 POSSIBLE REVERSAL NUMBER
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
Nifty Monthly levels
1.Both buy and sell harmonics
2.Buy on dips market
3.Expecting Nifty breakout on the upper side
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
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...
Buy on dips market reason
1.Growth in the economy
2.FII &FDI INVESTMENT
3.BULL market
4.Bullish harmonics
We can also sell only If the number is on the particular week, But I'll prefer to buy, coz market in an uptrend
Reason:
1.Bearish harmonics.
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to...
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
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Trading Strategies
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Plan A -
Sell Below 1700 for 1650 / 1600-1625 Target zone
Plan B -
Buy once...
