BankNifty Bearish CrabI hope you can now see how the BANKNIFTY represents an excellent BEARISH CRAB low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Crab
NITIN SPINNERS LTD 1D NSE LONG01) Bullish Crab Pattern (Harmonic Pattern)
02) Bullish Engulfing Candle Pattern (13-03-2020)
03) RSI showing Oversold
04) RSI showing bullish divergence on Daily chart
05) Stock bounced from Demand zone / Long term support
06) Stock bounced from channel bottom
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07) Entry - CMP - 33
08) 1st Target - 46-48
09) 2nd Target - 58-60
10) SL - 25
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11) Please check below point -
The Commercial Production on Finished Fabric Division at Bhanwaria Kalan, Tehsil - Begun, Dist. - Chittorgarh, Rajasthan
has commenced w.e.f. 01.01.2O2O, with this all the activities of expansion project related to lntegrated Textile
Unit has been completed.
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Note : This study for educational purpose only.
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Twitter - @bagade_arvind
Indusind bank - Bullish Deep crabIndusind bank about to complete the pattern of Bullish Deep crab. XD leg will complete around 302 to 290 range. One can go long with stop loss of 280 for the targets of 340/370/390/411. This chart is only for educational purpose and I am not a registered/certified analyst. Please give your feedback.
HINDUSTAN UNILEVERGSK will be doing a stake sale tomorrow in HINDUSTAN UNILEVER the price could be between 1950-1850. As per Harmonic Trading Pattern study 1825-1850 has a bullish Crab. It also would be a retest of the rising trend line from where it had made a Bullish Cypher earlier this year. The reversal from high's was picked via a bearish Ichimoku set up which had completed its downside target. (link mentioned below) Now the possibility of a bounce back and/or continuation of uptrend within the rising channel.
Nifty - Selling at the Channel Top-9850 Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
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Plan A
Bullish Butterfly Pattern Valid & Active - Once 9200 crosses & holds as support
Target 1 - 9400
Target 2 - Above 9400 for 9500
Target 3 - Above 9500 for 9600
Plan B
Reaching in the zone 9600- 9750 - Traders should be careful of Resistance zone formed for Island Reversal Pattern -The most important zone
Resistance in 9600- 9750 - Stops in that zone -preferably sell below 9600 or close to 9700 or 9750 levels (Note- No selling above 9700 & No selling above 9750)
Downside Targets
Target 1 - 9400
Target 2 - 9200
Target 3- Sell Only below 9125-9150 only for 8900 /8700
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Previous Ideas Video Link
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Wonder Waves Part 1 - Nifty - Wonder Waves -Picking The Bottoms at 7700
Wonder Waves Part 2 - Nifty -Wonder Waves Part 2-Can Patterns Repeat from Bottoms 8055
Wonder Waves Part 3 - Nifty - Wonder Waves Part 3- Traditional Patterns (Target 9600)
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Thanks for watching this video & your precious time - Have wonderful week ahead
Nifty - Wonder Waves Part 3- Traditional Patterns (Target 9600)Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Plan A -
Buy once crosses & strictly holds above 9150 for 9350-9400 target zone
Plan B -
Buy once crosses & strictly holds above 9400 for 9600 - 9700 target zone
Plan C -
Sell If Strictly holds below 9700 for 9400 / Below 9350 for 9150 / Below 9125 for 8700 / Below 8675 for 8400 / Below 8350 for 8250 / Below 8250 for 8000-8050
Plan D -
Consider Selling -If Holds below 8050 - Target 7500-7550 & Below 7500 for 6900
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Snapshot - 26th April 2020






















