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Crab

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
Nifty- No Selling Above 9900- Bearish Harmonic@10034 & WedgeIf Nifty Holds above 9900 - Avoid Selling as updated in previous update - Nifty Travelled 10034 as of 10th Oct2017. We are having deep crab bearish harmonic at 10034 - Likely Bulls should book profit & look to sell in 10010-10025 with stops above 10075. There is a wedge pattern which is forming on both indices Nifty & Bank Nifty & have been chopping upside for last couple of days. What we have Wedge pattern(shown in red on top end of the channel) always & almost follows swiftly to the starting point key level - in current case it is 9880 level. Bearish Deep Crab Harmonic Pattern at Highs of 10034 but PRZ can extend till 10070-10075 Zone on the upside. How to execute Either sell below 10000 - 9980 Zone or sell on upside in the zone 10030-10050 after observing that it faces resistance in the zone & holds on upside & falls below 10015 later. Target 1 - 9880, Target 2- (Below 9880) - 9800-9775, Target 3 - (Below 9775) - 9685-9700 Target 4 - (Below 9685) - 9575-9600 Previous Update - USDINR- Nifty -Intermarket Analysis -250 pips & fall from 66.00- (Turned upside as aniticipated from 64.80-65.20 zone)
NSE:NIFTYShort
by WaveTalks
38
apollo hosp looks bullish in short to medium term. Bullish crab formed here in daily time frame. It is satisfying all required criteria - • B point that is a 0.618 retracement of XA or less. • Extreme BC projection that is typically a 2.618, 3.14, or 3.618. • Alternate 1.27 or 1.618 AB=CD pattern required. • 1.618 XA projection as the defining limit with the structure. • C point with range between 0.382 and 0.886 Also regular bullish divergence is seen sl - 980 tgt1 - 1130, tgt2 - 1210
NSE:APOLLOHOSPLong
by ParamjitMahapatro
Nifty - 500+ Points in Diwali Offer Closes@9650 + Harmonic@9800Above 10100 for 10175 & Below 10070 for 9960 - Below 9900 for sizeable correction to 9650 as per last update mentioned below. Trading Strategy Look for a jump to 9785-9800 zone from 9730-9735 zone & later sell from top zone of 9800-9810 for 9650-9600 once you get bearish clues on top end. Hope you guys are doing good. We have bearish harmonic in the zone 9785-9810 if Nifty faces resistance then we look for 9650-9660 Target Zone & below 9650 for 9600 which completes 500 points bumper offer + top up gift this diwali. Intraday, 9729-9730 zone is short term important zone for Nifty. Below that zone weakness could set. We will keenly watch for selling on top for lower targets but be careful 9800 is the psychological level & It should hold below that zone or from close by zone on top end for bearish clues or selling opportunity. Look to sell from top zone of 9800-9820 for targets 9660-9650 & below 9650 for 9600 if market behaves as suggested above. Bank Nifty On similar lines Bank Nifty can also push close to 23950-24000 Zone & we will check for weakness in the same. Last Update
NSE:NIFTY
by WaveTalks
17
THE HARMONIC PATTERNS SERIES: III THE CRAB PATTERNHi, I am back with one more harmonic Pattern -- The CRAB For a brief overview about harmonic pattern fundamentals, first go to the Post One of this series (link will be soon in the update section). CRAB PATTERN In the BAT and the Gartley the price action in the last leg did not stretch beyond the Point X but In this pattern last leg stretches beyond X. In this case it is the B-C projection which may sometimes (when D extends beyond 2.618 B-C) help in identifying the Pattern in advance. X-A: A strong leg which ends at an important Support/Resistance level. A-B: Should retrace between 38.2 to 61.8% of X-A. B-C: Should retrace between 38.2 to 88.6 % of A-B. This leg should not extend beyond point A. C-D: The most important leg to confirm the Crab pattern . C-D should retrace 161.8% of X-A and not more than that. C-D=1.27 to 1.618 AB: Second important confirmation, C-D leg should complete between 1.27 to 1.618 times A-B B-C Projection: Point D should be between 2.618 to 3.618 B-C projection. You can notice the difference between Bat, Gartley and Crab B-C projections. Pattern completes at point D so it is the most important point in the pattern. If all the above conditions are valid, a reversal is expected from this point. # In Bullish harmonic patterns an upward reversal is expected at point D, whereas in Bearish patterns a downward reversal is expected at point D. # Normally a buy/sell order is placed at point D, expecting some sort of reversal, and targets are placed at 38.2% and 61.8% of A-X. # A complete reversal should not be expected at point D in any harmonic pattern . Only the further price can provide confirmations about trend reversal. Trade safe, be healthy Hit like/comment if this information is useful. Regards Bravetotrade
NSE:NIFTYEducation
by Bravetotrade
11
Nifty- Deep Crab Bearish Harmonic @9978 Target -9950-9910-9860Last Price@9957 Suggested - out at 9965 in previous update. Bank Nifty is not supporting so we have negative bias for BN as well & Bn was the prime reason why Nifty struggled today to touch 10,000 Mark. In previous update our bearish post turned bullish as it opened above 9925 mark & dipped to 9910 was buying opportunity- missed -no worries. I even suggested on chart, moving above 9925 -1st bullish confirmation & above 9950 -2nd bullish confirmation. 9950 was important level as markets holded that level for 3-4 Hrs & pushed upside beyond 9970. I expected for 10000 mark but Nifty is unable to push beyond 9978 mark So, putting this update- bearish harmonic at 9978 highs. Target - we shall look for 9950- 9910- 9860 Pattern invalidates above 9978 highs. Previous Update
NSE:NIFTYShort
by WaveTalks
30
TECHM: A Secure INVESTMENTALL MENTIONED IN CHART. GOOD EXAMPLE of FIBONACCI. RECENT LOW @ 356.65 was FIB R 0.618 of CD Good BACKBONE, Having Sound Company Management. More fundamental analysis will be Updated in Weekend. LTP: @ 387.30 Crucial Zone: @ 413.35 to @ 459.45 Can see Like JET Speed above Crucial Zone. EXPECTED Double in 1 - 2 years. If enriched your knowledge, Please don't forget to Hit / Click Like button . Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
NSE:TECHMLong
by DSKF16
HeroMotoCorp- Reducing Volume & Crab can stop motor in 4250-4350First Long Above 4020 & Later Sell if faces resistance in 4250-4350 Zone. A bearish crab "can" get completed in the zone 4250-4350. I never use incomplete harmonic pattern to predict as we never this will become true or fail but yes if at all it becomes true & moving above 4020 -If Hero Moto Corp Travels to 4250-4350 - One should be careful as we have reducing volume. If It faces resistance then yes we look to sell in the range 4250-4350.
NSE:HEROMOTOCO
by WaveTalks
12
LT: Last Leg of Bearish Deep CRAB, potential to go UP.Cand;le pattern: Possibility to form Bearish Deep CRAB. Go Long: @ 1136.65 (LTP at 2.09 pm) 40% of Investment. More on @ 1120 30% of Investment. If Reach to @ 1108 - final 30% of Investment. Initial Target: @ 1180 , Extended to @ 1293.80 more intermediate Levels on Chart. SL: @ 1095 (by Closing). Trailing SL: 2 1080- Snapshot of Swing Levels will be posted Later. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. LIKE / Comment /Share, If useful & enriched your knowledge.
NSE:LTLong
by DSKF16
Will Nifty to touch 10500 and fall back to 9k series ?2 Patterns found in Nifty monthly chart and both of them on bearish. On Main Chart - Pattern not yet filled on today (01/08/2017). - I hope it will fill the pattern and the final level is 10500. - Once if reach the level 10500, it leads to fall as per the pattern principle. - Levels where mentioned on chart. - The pattern is called Bearish Crab Second pattern chart on comment - Pattern got filled. - It may start to fall from this level 10100. - Levels are mentioned on chart - The pattern is called Bearish Butterfly
NSE:NIFTYShort
by raj3elite
15
Fate of BANKNIFTY WEEKLY view.Crucial & also hot discussion & view exchange going on around investor community in Social Media, What' is the fate of BANKNIFTY. A part of community Favour's BULL run to continue, while "No All Time New High" by Other's. Who can tell answer. HARMONIC may have some answer. On chart at "D = 25546" , final point of Ideal Bearish DEEP CRAB. All mentioned on Chart, with Pattern as example. Intraday Analysis for 31st July 2017, as well as Levels will be posted Later . If enriched your knowledge, Please don't forget to LIKE, SHARE. Comment appreciated. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
NSE:BANKNIFTY
by DSKF16
2