Long term support trendline broken Crossed below 200ema Triangle Breakdown Impulse wave can move upto 33/36 levels
DXY perfect text book bearish deep crab pattern fromation photo finish reversal rising contracting wedge formation bearish divergence on rsi ready for 94.55,, 93.2,, 91.75
Nifty Bounced 475 Points Approx. from the bottoms of 16840 & It was nice to capture few points in between as updated on last idea - Tata Steel / 26th Jan2022 - Markets Closed ---------------------------------- Trading Strategy --------------------------------- Pattern Invalidates above 17325 which is the stop loss Trigger comes below 17179 PRZ - Potential...
NIFTY IT index is currently at a potential reversal point suggested by the XABCD bullish crab pattern and low RSI value on the daily timeframe. The bounce may be up to 0.382-0.618 fib zone extension of CD. This doesn't mean IT would reverse its trend from here. Before the budget, it might test important resistance 36750. This might be just a correction for the...
NIFTY spot cmp 17600 sgx indicating gap down of 200 points looks good to go long,, lets see if study is followed
TATA Consumer looks strong… Reasons/Traits : • Today gave a break out from two day inside bars with a big green bar with very good volume • Above 13 and 50 EMA • Price touched 0.618 retracements levels • RSI increasing • Bearish Crab harmonic pattern formation is in place What can happen next : Scenario 1 : Price sustaining above 850/853 levels can take it to...
Almost making a CRAB Pattern on the charts. Bullish on this stock for swing trade. Trade with strict Stop. Entry, Exit and Stop loss levels shared on the charts.
Double bottom structure, breakout can see next levels 41500 / 44000 Bullish BAMM Harmonics: Bearish Bat minimum Target 41500+ Bearish Crab minimum Target 44000+
ONGC is trying to break the Bullish Rectangle pattern. Buy above 164, but volume confirmation is crucial. Stop loss at 153. The target is set by XABCD bearish crab pattern and bullish flag pattern. Happy trading :) This is just for educational purposes.
COLPAL- Buy at point D SL beyond point D Good opportunity seen for buying for swing trading.
Bank nifty is near its swing high, it may take a correction or take out the supply zone with the short covering moves. Here we analyze the PSU bank index, Private bank index, and ICICI bank to see what could be the scenario on Monday. Today, we have ICICI bank's results which decide the Bank Nifty's run. In the above image of the PSU bank index, we can see...
Solana has had a spectacular run in the past 2 weeks. However, the price might correct a bit for a pullback as it is near a supply zone. The XABCD bearish Gartley and Bat patterns had set a supply zone above which the price is struggling to sustain on the weekly chart. As we can see there's a bearish divergence developing on the RSI chart, i.e., the price is...
Here's the Nifty Metal index with a bullish breakout. The XABCD bearish crab pattern gives the targets mentioned on the chart. We shall try to pick some of the metal stocks which are showing a similar pattern.
SAIL has shown bullish signs by rising above the breakout level. The XABCD bearish crab pattern gives us the targets mentioned on the chart. The volumes were higher than the previous sessions also. However, wait for a pullback or add partial quantity and add further if the rally starts. The breakout and stop loss levels are mentioned on the chart. Happy trading...
Tata steel stock price has fallen in recent times. However, the price is showing bullish signs now. The volumes are increasing and the price is nearing a breakout. The overall metal index showed a bullish sign. The XABCD bat pattern sets a supply zone/ PRZ which has to be taken out to make a new all-time high. Start booking the profits from the supply zone and...
Union bank has come out of the trading zone and looking bullish. The volumes are supporting the breakout. Consider buying on a pullback or buy and trail continuously. If the trade the trade goes wrong exit cost. Should easily reach target 1 as mentioned on the chart as other the targets. These targets are set by XABCD bat and crab patterns. Happy trading...
Reliance spot cmp 2710 Harmonic + Elliot wave study Time frame :- Daily Bearish deep crab pattern formation with PRZ in range 2710-2740,, Alternate 1.618 AB= CD pattern matures around same levels.. From last 5 sessions counter is making high around 2720 levels and not able to close on higher end, Today counter gave good breakout above the consolidation of last...
Bearish deep Crab in Bank Nifty (SL on 15 min. candle close) PRZ for Sell 39093 SL 39200 Target : 38000 CMP 37783.50 @ Sep 24, 2021