Black Friday saleUp to 70% OFF

Crab

SOUTH INDIAN BANK FINALANDREW PITCHFORK+BULLISH REVERSE DIVERGENCE+BEAR CRAB+BULL CYPHER IN FORMATION 1.Andrew pitchfork- reflection from the median line and heading back to the outer red line 2.A bearish Crab leading to the formation of a bullish cypher which is to be completed when the price touches the outer median line of the pitcfork. The cypher also completes at the 0.618AX of the bar crab and is presently being supported by the 0.382AX of the bear crab .. 3.the cypher will launch the bull trend whose resistance level is 0.618DC which matches the green 382 line of the pitchfork , thus it can be said it is a true resistance the price would feel on the upmove.. 4.Further upmove is expected as the median line acts as a price magnet , and the point of touch of the median line is expected to be the 1,618XA o the bear crab we just had formed... DISCAILMER... this is not an investing/trading advice..
NSE:SOUTHBANK
by capsule91
3 harmonic possibilities, depending on the B point formationThe over all bearish trend still prevails... The B point reversal will test the validity of the analysis, in breach of which will become invalid.. I am expecting the back outline Bullish Deep crab to take effect, as there is a support at that predicted B point... The plan is to short as high as possible and keep averaging, to ride the CD down leg... Discalaimer..this is an attempt to prediction of possible harmonic formation... not a trading/investing advice...
COINBASE:BTCUSD
by capsule91
Mindtree Bearish Crab/deep crabMindtree Bearish Crab/deep crab as it has filled the gap and now started falling with doji on up trend and then red candle breching doji with another red candle 1 can look too short it at/below 496 with 508 as SL T1 - 491 T2 - 481 T3 - 473 T4 - 465 T5 - 454 as expiry is approaching agrresive trader short 510 CE CMP = 5 so profit 5*1200=6000 if stock stays below 510 conservative trader short 520 CE CMP = 2.8 so profit 2.8*1200=3360 if stock stays below 520
MShort
by desipplz
Auropharma- Cracks at Top@772 & we are out in time@771Last Traded Price@742 -24th Oct2017 The most important lesson which I learnt in last 10 years in the market is just getting out of the way if you feel that by mistake you are trying to cross the rail track & suddenly you realize that fast train is approaching towards you. People who live in Mumbai, they know the importance of not crossing the track of suburban trains or just be out in time. As suggested in the earlier running post - wave talks Running Update - Wave Talks 895- 503 - Can it be 503 to 895 You should realize the importance of some key levels which I have been talking about in my post of auropharma that unless 775 & later 795-is crossed on upside -Bulls can be in danger. If that zone is crossed on upside -auro can travel smoothly to 850 & above. What we have next? Bullish Deep Crab with PRZ 738-745 is the resting zone or support zone which falls in the channel as well. If 738-740 zone is intact on downside -pushing above 745 -we have good chances of 760-761 which upper boundary of the channel. It should not hold below 738-740 zone for 15-30 mins else this structure invalidates.
NSE:AUROPHARMALong
by WaveTalks
Tata Motors - Punctured@438- Selling at top for 41024th Oct2017 Last Traded Price@416 Congrats! If you were part of this sell trade right from the top@438. H&S pattern as suggested with incomplete right shoulder was fantastic to start as it completed exactly at 434 which was expected level to sell for 423-410 target levels. Although H&S pattern was slow to react & touched 425-426 target zone in 1st attempt from 434 highs & bounced hard beyond right shoulder@434 but look - where it turned down in 2nd attempt- Just below 438. Yes, it turned down from 437.30 level to be precise. Previous Update@17th Oct2017 - Incomplete H & S pattern@438 for 423-410 Lessons the trade taught us Book partial profits or trail with profit stop loss method so that you can squeeze the maximum as a trader. H&S pattern with 2 key levels 434 & later 438 was to be taken out for bulls to take control of the motors instead it gave partial target in 1st attempt -shy of 423 at 425-426 zone & In 2nd attempt -holding 438 highs upside turned from 437 to 416 in current day session. As markets evolve H&S pattern tuned into double top at 438- 437 zone later -keeping in mind 438 which was critical level on upside. What is next? The most exciting part is what next as we all look for better trading opportunities. The fall from 438 highs was impulsive in nature so, next part should be traded with caution unless it stays/holds above 419.50 mark. We have a bullish deep crab with PRZ zone 416-412 where likely TM should rest next or get the support. When to execute? Strategy 1 - Moving above 419.50 - we shall look for 1st target zone of 423-425 & above 427 for 2nd target zone 432-434. Assuming that it moves above 419.50 & does not hold above 419.50 later - take care of trades as a matter of caution. Strategy 2 - Look for 410-413 Zone as resting pad or strong support zone -if holds & starts moving upside then look to be part of bull side for same set of targets as mentioned above in strategy 1.
NSE:TATAMOTORSLong
by WaveTalks
6