Kotak bank pre assumption of harmonic pattern formation and most awaited descending triangle pattern breakout,, todays huge candle is bullish engulfing pattern and rsi indicator have given breakout from falling channel,, 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
Srtrans finance multiple harmonic pattern formation with maturity at same level,, counter managed to sustain prz levels of 2 time with positive divergence in indicators,,
good upmove ahead,, atleast 5-7% upmove can be seen in coming days
Good long candidate,,
Last @ 14800 - 7th May2021
Buy with Stop loss below 14770 for Target 14850 / 14875
Sell Later Once Index Halts in 14875-14900 zone (PRZ-Potential Reversal Zone) for Deep Crab Harmonic Pattern ( Srtictly --------No sell if Index extends above 14900)
Bank nifty spot cmp36000
Deep Crab Bearish Pattern formation
Pattern violation above 36500 on closing basis
Weakness seen at higher levels of supply line of falling channel structure,,
Good short candidate..
Asian Paints entering PRZ for bearish deep crab. People who are holding cash positions can either exit or hedge. We have hedged our positions with November series PE. I'll avoid trading short here till a conviction is reached as the stock has climbed upwards with a very strong momentum. Very experienced traders might like to try with a naked PE. Trade only post...
HDFC is currently in wave 5 and can start corrective move from 1245/1265/1305.
Rule Wave 1 & 4 don't overlap is passed
Wave 3 > Wave 1
Wave 5 can get extended, but probable reversal points per fib levels mentioned on chart.
Wave 4 and 5 also seem like a Bearish Harmonic Deep Crab pattern. CD leg can extend till maximum of 3.618
Further details in Chart!!
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...
Disclaimer
-----------------------------
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...
