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Butterfly

ZeelNSE:ZEEL1! Running news of merger with sony .chart have breakaway gaps with highest volume with previous weekly trendline and triangle breakout. now again forming triangle on weekly trendline support area ,breakaway gap area with bullish butterfly, also having support of monthly inside candlestick low, and divergence on daily chart Buy Zeel above 226.4 add more 218.80 with two days candle closing stop loss of below 200 target will 236.9-247-274-287++(short term ) mid term buy Zeel @ 226-216 two days closing stop loss below 200 target 287- 364-412 long term buy Zeel @ 226-216 weekly closing sl below 199 target 364-562 BOLO JAI GAJANAND
ZLong
by YOGESH_KUMAWAT
4
Bullish Butterfly in crudeoil 12-7-2022It is Bullish Buttrfly pattern seen crudeoil daily tf can give good reversal from 5906 zone marked in the chart. 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. If you follow diagonal trendlines you can take entry and exit easily. (Color code for horizontal lines: Green - Buy, Blue - targets, Red - SL). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help. Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk.
MCX:CRUDEOIL1!Long
by Elango-ragavan
4
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
HINDUSTAN PETROWait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the pullback. 6. Don’t chase the market. 7. Don’t fight the market. 8. Even in the strongest trends there should be some retracement. 9. The closer the market is to the trendline, the better the risk/reward ratio is. 10. Use ADX to determine the strength of the trend. 11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy 12. Hold trades longer in a strong trend. 13. Wait for confirmation of a trendline breaking before reversing position. 14. Know where the Support levels are. 15. Place stops outside the Support levels. Thank You..
NSE:HINDPETROLong
by Rvkachhadiya
butterfly in oberoirltyjust for educational purposes case study harmonic butter fly rules like B point should be 0.786 retracement of XA leg And C point should be 0.886 or 0.382 or in between if near values good and is retracement of AB leg and D 1.618 or 2.24 of BC and 1.27 of XA these are for butter fly for other patterns retracements will vary disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
NSE:OBEROIRLTY
by techno_funda_guy
3
harmonic in ntpc case studyjust for educational purposes case study not every W shape or M shape is an harmonic harmonic follows strict rules like B point should be 0.786 retracement of XA leg And C point should be 0.886 or 0.382 or in between if near values good and is retracement of AB leg and D 1.618 or 2.24 of BC and 1.27 of XA these are for butter fly for other patterns retracements will vary i started studying harmonics recently will take some time to master meanwhile looking for some examples if any please suggest me ,which are near exact retracements according to patterns disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
NSE:NTPC
by techno_funda_guy
Bajaj Finserv: Short Setup For Intraday TradersAfter making a high of 17480, Bajaj Finserv has started falling. Today, It has made a low of 14660 . In 15 min timeframe, we can see a bearish butterfly pattern, which indicates a bearish trading setup for intraday traders. Bajaj Finserv has completed its D point at 15250 . If the price sustains below 15250 , traders can expect the following targets: 15080 - 14902 - 14751. Invalidation: Breakout D point Thank You Money_Dictators
NSE:BAJAJFINSV
by Money_Dictators
13