Anything can happen here on in nifty. This is a crazy bull run. Be open-minded and lean towards both short and long. Don't think to short the market, perceiving it as overvalued and over run. Take the stop losses. On the chart, there are levels and targets for both longs and shorts. Keep the stop loss as per your risk appetite. Happy trading :) This is just...
Cardano had a crazy run until last week. But it is in a consolidation after a bull run. Now, if the supply zone is broken, the price may rise to 3.38 USD. Here, after breaking the all-time high level of 2.4705, the price came back to test it and survived. It must now act as good support. If the supply zone breaks, the target would be XABCD bearish crab...
DLF broke out with high volumes and is currently trading in a supply zone. This supply zone has been tested several times and DLF's price managed only one time to cross it to hit an all-time high. We can also see the fall after closing below the supply zone. So, it is important for the price to break the supply zone with high volumes to go for our target and a...
CCI stock's price had a breakout above the trendline but for confirmation, we need the price to sustain above 748. This will be the confirmation for the uptrend. Place the stop loss below the demand zone, because this demand zone is expected to support the price. The ultimate profit booking target is given by the XABCD bearish crab pattern's 1.618 fib extension...
Nifty PSE is currently trading at the multiyear strong supply zone which has been tested 3 times since June 2018 but PSE failed to break. We can see a breakout in the daily timeframe's trendline as pointed on the chart. Currently, NIfty PSE is 2.6% away from the top of the supply zone. If this supply zone is broken, we can see momentum in PSE stocks. XABCD...
Asian Paints has crossed 3163 levels with high volumes after breaking the demand zone 2. For a better risk-reward ratio, we can wait for a pullback until 3163, which is expected to act as good support. Place your stop loss level below the demand zone 2. The XABCD bearish crab pattern sets a 1.618 fib extension level as a profit booking level for longs. Book...
Bearish Crab in Banknifty (SL on 15 min. candle close) PRZ for Sell 37000-37150 SL 37250 Target : 35727,35030 CMP 36930 @ Sep 01, 2021 Chart by CA Savita Rehlan
Chola fin inv :- Multiple harmonic pattern matures around480 levels Wolf wave formation around same levels macd positive cross over Rsi bullish divergence with breakout Falling trend line breakout good long candidate 15 to 20 % upmove possible
Today TCNS Brands' stock price has risen with good volumes breaking out 580 level. It is important to wait for a pullback and see if the stock could hold this level. Buy above 580 and place stop loss at 536 (8%). Targets are mentioned on the chart. The hurdle may be near the supply zone. Trail your profits after target 1 until the supply zone is breached with...
Bearish Crab in Nifty (SL on two consecutive 15 min. candle close) PRZ for Sell 16880-16950 SL 16970 Target : 16700, 16590 CMP 16659 @ Aug 27, 2021 Chart by CA Savita Rehlan
Reliance took a correction of nearly 10% from 15th June to 25th July, then made an up move. This correction completed the target of the bearish bat pattern(left side, Moving to the current situation, the price is again at a decisive potential reversal point but being already beaten up, chances of fall are less if spoken logically. There could be a fall also, so...
Tata Motors' price took a great beating for its openness about the semiconductor shortage it has been facing. Many investors feel that the company did the right thing by being transparent. The volumes are very low which indicates sharks are not interested in the stock just yet. But the price being in the demand zone, it is time to look into it. The demand zone...
Nifty 50 is at all time high but breaking 16055 will be crucial for a major rally on the upside. The crab pattern's terminal price bar is placed at 16055. If Nifty reverses from here, as it is a bearish crab pattern, it could go on to test 15850-15800 levels. Below these levels could see another downside fall. Don't go short at 16055 immediately, the stoploss...
For 2-3 days the daily volumes have been lower in Cardano token and majorly in most of the crypto tokens. This may be an indication for longs going for profit booking and a right opportunity to enter the rally in case you have missed it. The sentiment is bullish, so try booking your profit and trail SL in case you try to short ( risky move). Wait for the 1.96lvl...
Nifty auto spot cmp 10000. Study :- Time Cycle, Wolf wave, Harmonic , Chart Pattern. Time Frame :- Daily. Time Cycle :- Bottom to bottom cycle of 74 TD indicate index is making bottom at interval of 74 TD and at the moment index is at 74 TD so if this cycle is matured and the next cycle unfolds we may see a change in trend from now onwards as per this cyclic...
Howdy Traders , Exactly 61.8% retracement of XA leg which required for two pattern - 1 Gartley and, 2. Crab. For the Gartley pattern, The price should respect of X but here price already fallen 1.13 which is not suit for Garley . There are two possibility as per following: 1) The price will not break recent low or 1.618 AB = CD. 2) For the Crab, pattern...
Hdfc bank spot cmp 1440 bullish harmonic pattern formation good long candidate,,,
Chola fin spot cmp 488 bullish wolf wave and bullish deep crab pattern formation good bullish hourly candle formation seen after selling pressure,, good long candidate around current levels