As per harmonic we can calculate there is high chances of breaking all time high in this stock, we can see double bottom in this particular stock. In upcoming das we can see 2600 in this particular stock, lets accumulate this stock
Hello & Welcome to this analysis
GIFT NIFTY 4 hourly chart in the PRZ of two bullish Harmonic Patterns - Alt Bat and Crab.
The Alt Bat gets negated below 19200 while the Crab gets negated below 19150.
Sustaining above 19350 the probability of a rally/bounce would be high.
Regards
AARTI INDUSTRIES creating a wonderful opportunity for a LRHR trade setup with only one down leg pending. Considerable buying range is 450-440 with a stoploss of 425. The Double zig-zag corrective waves is in its final leg supported by a classic Gartley harmonic pattern and also a classic crab in DTF.
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...
Berger Paints Spot CMP :- 735
Bearish Crab Pattern formation :-
PRZ zone :- 726-738 levels.
SLZ zone :- 760 levels
1.618 XA :- 726 level
2.618 BC :- 738
Elliot Wave Study :- Currently counter is trading in impulse wave 3 of impulse phase.. At the moment wave 3 have extension of 2% of wave 1 which is around 745 levels.. if wave 4 unfolds from this levels...
