Marked strong key levels where banknify will react. BAMM and Deep Crab in progress
Hello and welcome to this analysis The index has formed a Bearish Harmonic Deep Crab in the weekly time frame. It is currently in the PRZ zone of 9050-9400. As of now its not showing any sign of weakness. If it starts sustaining below 9050 the bearish structure would get activated for 8600/8250. There is resistance between 9200-9250. One should wait for...
Reliance is forming deep cra harmonic pattern near 2180-2190 zone.. can go long after a bullish candle.. Targets 2280 2335 Stop loss 2160 2140
M_mFin has alt shark along with wolfewave and rsi negative divergence on daily timeframe . Also a deep crab and Wolfewave at lower timeframe, Expecting a upside move till shark PRZ after hitting small TF ww target . IF sl taken then we can expect Gartley and can long till 272. Forecast of gartley if broken B
Crude weekly bottom with deep crab then upside 2.41% level now completed reciprocal ab=cd with previous support area in 4 hour try to forming head and shoulder pattern Buy suggested above the closing of 6760 for the target of 7663-8556-9399-10005 holding trade.
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 spot cmp 17600 sgx indicating gap down of 200 points looks good to go long,, lets see if study is followed
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...
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
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...
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
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,,
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,,,
Bullish harmonic pattern formation pattern violation below 2065 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..
• Two Harmonic Patterns Overlap - Bearish Butterfly & Bearish Deep Crab • Buy Above 50000 • Sell Below 45000 & Be on cautious mode below 46000 • Range Bound Move in 46000 – 50000