Get started

Community ideas

HEROMOTOCO – Wave 5 Setup Unfolding After Ideal Wave 4 📘 HERO MOTOCORP – Wave 5 Setup from Textbook Elliott Structure Timeframe: Weekly Structure: Impulsive (1–2–3–4 complete) → Preparing for Wave 5 Type: Positional Swing Setup | Elliott Wave Based 🔍 1. Elliott Wave Structure Breakdown: Wave 1: ₹1,475 to ₹3,629 Wave 2: Retraced to ₹2,146.85 (between 50%–78.6% Fib of Wave 1) Wave 3: Impulse to ₹6,246.25 Wave 4: Currently correcting between 38.2%–61.8% Fib of Wave 3 (₹4,680–₹3,712) ✅ Price found support near ₹3,344, which is just below 61.8% retracement – a common zone for Wave 4 completion. 🟫 2. Wave 4 Support Zone – ₹3,712 to ₹3,344: This zone is acting as a potential reversal base with: Fib retracement confluence: 38.2%–61.8% of Wave 3 Failed breakdown attempts followed by recovery candles CHoCH observed in lower timeframes – suggests momentum shift 🟩 3. Breakout Confirmation Level – ₹4,680: Breaking above ₹4,680–₹4,800 range would confirm Wave 5 activation Indicates structure validation + bullish resumption Close above this zone = strength & momentum breakout 📈 4. Wave 5 Target Projection – ₹6,595 to ₹7,019: Calculated using: 113%–127% Fibonacci extension of Wave 3 Historical rally symmetry from Wave 1 and 3 Target zone offers positional upside potential of ~55%+ 🛑 5. Stop Loss & Invalidation Level: SL Zone: ₹3,344 Sustained breakdown below this invalidates Wave 4 base Can lead to sharp drop toward ₹2,600–2,900 (next Fib cluster) ✅ 6. Trade Plan (Swing): Accumulation Zone: ₹3,700 – ₹4,300 (if support structure holds) Breakout Entry: Close above ₹4,680–4,800 Stop Loss: ₹3,344 Target: ₹6,595–7,019 (Wave 5 zone) 🧠 7. Why This Setup Matters: Elliott Wave Confluence: Clean 1–2–3–4 formation Textbook Fib Behavior: Wave 2 and Wave 4 within ideal retracement ranges Defined R:R Structure: Tight invalidation + 1:2+ reward Momentum Setup: Wave 5 can unfold rapidly once confirmed 📌 Conclusion: HERO MOTOCORP is poised for a potential Wave 5 rally after a well-behaved corrective Wave 4. A breakout above ₹4,680 could trigger bullish continuation toward ₹7,000+. This is a classic trend continuation setup for wave-based swing traders.
NSE:HEROMOTOCOLong
by LiveTradingBox
6
Linear Regression with RSI: A New approach to Trend AnalysisHello Friends, Welcome to RK_Chaarts, Today we are going to learn one Method of analysing the chart, here we are using EURUSD chart, and the method we're using is very simple & interesting, We are using the Linear Regression Trend Channel & Relative Strength Index (RSI), What happens in this method, is that we identify a particular zone where the price is making a one-sided move, like if the price is trending upwards, making higher highs and higher lows. We then apply a regression channel to it, and within that channel, we set internal deviation for the upper and lower sides, like 2 or 2.5 or 3 etc., whatever setting it takes. In this chart, we can clearly see that the 2.5 setting is forming a complete channel, which we've applied for the last two months, from 12th May 2025, when the uptrend started. We've used the 4-hour time frame chart and the RSI. Every time the price hits the bottom of the channel, we can see that the RSI also enters the same zone, between 30-40, and from there, it bounces back. Currently, the price has again hit the bottom of the regression channel, and the RSI has also gone below 40, between 30-40. And the good thing is that we're seeing a positive divergence in the RSI. So, there's a high possibility that the price might bounce back from here. It's worth watching what happens next in the market. Nothing is guaranteed here; everything is a game of probabilities. This is one method that we often use, and its results have given us a very good experience. So, let's see what happens next in this chart. This observation is also a good learning experience, which we often encounter, 7-8 times out of 10, in favor of the market, but sometimes it doesn't work, maybe 2-3 times, when the trend changes. So, let's see what happens next. This post is shared purely for educational purpose & it’s Not a trading advice. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Education
by RK_Chaarts
7
ACC - Rinse and RepeatTF: 2 hours The pattern is explained in the chart itself. As per DOW theory, price is making HH by breaking previous Swing Highs.. But, it faces rejection at the falling trendline (Wedge).. Price tried to breakout from the wedge too, but failed as of now.. A retest of FVG is due at around 1880 levels.. Price action that zone would give us further clue.. Looks like this script will be out of F&O from Aug series.. But worth tracking the set up for learning purposes.. Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
NSE:ACC
by Murthy_Santhosh
3
PEL: Perfect Cup & Handle Breakout That Could Double Your MoneyNSE:PEL : The Perfect Cup & Handle Breakout That Could Double Your Money? Let's Analyse Price Action Analysis: • Stock has formed a classic Cup & Handle pattern over approximately 8 months (Dec 2024 to July 2025) • The "cup" formation shows a rounded bottom with the low around ₹850-900 levels in March 2025 • Current breakout above the handle resistance at ₹1,200 levels with strong momentum • Price has surged from ₹1,158.70 to ₹1,217.50 with a healthy 4.69% gain on breakout day • The handle formation shows controlled consolidation with lower volumes, indicating accumulation Volume Spread Analysis: • Volume spike of 2.51M shares on breakout day, significantly higher than the 20-day average • During the cup formation, volume was relatively subdued, showing smart money accumulation • The breakout volume of 556.96K is substantial, confirming the validity of the pattern • Volume profile shows institutional participation during the base-building phase Key Support and Resistance Levels: • Primary Support: ₹1,150-1,160 (previous handle resistance now acting as support) • Secondary Support: ₹1,100-1,120 (handle low) • Major Support: ₹1,000-1,020 (cup rim level) • Immediate Resistance: ₹1,240-1,250 • Major Resistance: ₹1,275 (all-time high) • Target Resistance: ₹1,400-1,450 (measured move from cup depth) Base Formation: • 8-month base formation from Dec 2024 to July 2025 • Base depth: Approximately 35-40% from highs to lows • Constructive base with multiple retests of support levels • Base shows characteristics of institutional accumulation with controlled selling pressure Technical Patterns: Cup & Handle Pattern: • Perfect textbook Cup & Handle formation with 8-month duration • Cup depth of approximately ₹400 (from ₹1,240 to ₹850) • Handle formed over 6-8 weeks with declining volume • Breakout above ₹1,200 with expanding volume confirms pattern completion • Measured target: ₹1,600+ (adding cup depth to breakout level) Additional Patterns: • Ascending triangle formation within the handle • Multiple higher lows during the recovery phase • Bullish flag pattern preceding the final breakout • Volume price confirmation throughout the pattern development Trade Setup: Entry Strategy: • Aggressive Entry: ₹1,210-1,220 (on breakout confirmation) • Conservative Entry: ₹1,180-1,190 (on pullback to breakout level) • Scale-in Entry: 50% at ₹1,210, 50% at ₹1,190 if pullback occurs • Entry should be accompanied by volume expansion above 1.5x average Exit Strategy: • Target 1: ₹1,320-1,340 (8-10% upside) • Target 2: ₹1,450-1,480 (20-25% upside) • Target 3: ₹1,600-1,650 (pattern target, 35-40% upside) • Partial profit booking at each target level (33% each) Stop-Loss Management: • Initial Stop-Loss: ₹1,150 (below handle support) • Trailing Stop-Loss: Move to breakeven once Target 1 is achieved • Progressive Stop-Loss: ₹1,250 after Target 1, ₹1,350 after Target 2 • Risk-Reward Ratio: 1:2.5 minimum for the trade setup Risk Management: Position Sizing: • Maximum allocation: 3-5% of the portfolio for this single position • Scale-in approach recommended for average entry price • Avoid concentrating more than 10% in the financial services sector • Consider correlation with other financial holdings Risk Mitigation: • Set alerts at key support and resistance levels • Monitor volume patterns for any divergence signals • Keep track of broader market sentiment and financial sector performance • Regular review of stop-loss levels and profit booking strategy • Avoid averaging down if the stop-loss is triggered Sectoral Analysis: Financial Services Sector Overview: • NBFC sector showing signs of recovery post-COVID consolidation • Regulatory environment becoming more favourable for established players • Credit growth revival benefiting well-capitalized NBFCs • Sector rotation from growth to value creates opportunities in the financial space Sector Positioning: • NSE:PEL is positioned in the diversified financial services space • Benefits from real estate cycle recovery and pharma business stability • Regulatory changes favouring larger, well-capitalized players • Sector P/B multiples are still reasonable compared to historical averages Fundamental Backdrop: Company Overview: • Diversified conglomerate with presence in financial services, pharmaceuticals, and real estate • Strong balance sheet with improved asset quality metrics • Management focuses on deleveraging and core business strengthening • Strategic divestments are improving cash flows and reducing the debt burden Past/Recent Developments: • Successful completion of major asset sales improves the liquidity position • Pharma business showing steady growth with new product launches • Real estate segment benefiting from sector recovery • Financial services arm gaining market share in target segments Valuation Metrics: • Trading at reasonable valuations compared to sector peers • Improved return ratios and asset quality metrics • Strong cash generation from core operations • Debt reduction improving financial flexibility and credit ratings Growth Catalysts: • Real estate sector recovery driving housing finance growth • Pharma business expansion in domestic and international markets • Potential for higher ROE as leverage normalizes • Market share gains in target financial services segments My Take: This technical setup in NSE:PEL presents a compelling risk-reward opportunity with the stock breaking out from a well-formed base pattern, supported by improving fundamentals and favourable sector dynamics. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:PELLong
by Karanshah137
43
NIFTY AT CRUCIAL LEVELSNifty witnessed the worst fall in past 2 months, thanks to the IT and AUTO sector. There were major reasons fundamentally like rupee falling , Tariffs on canada, weak start to earnings month and FII's selling . However technically nifty gave a breakout on 25 june from the 25199 level and post 3 weeks it could not sustain that level due to prolonged selling and global uncertainties. Nifty is basically retesting the breakout and i feel it would consolidate here for a while and then take further leap on the upside and making all time high I feel nifty can still rally 13% if it sustains this 25189 - 25149 levels
NSE:NIFTYLong
by keshavmaharaj958
2
HUL has given Breakout from an inverted H & S pattern.Hindustan Unilever has given Breakout from an inverted Head and Shoulder pattern on daily candle with a good volume. Entry, SL and Target are mentioned in chart. Also, respective index is also in positive structure which gives more assurance of the target hit. However, one should be cautious about price being slip to SL as the Nifty has changed its structure to lower high lower low. Which may drag price downwards for short term or with momentum. Note: This analysis is for Educational Purpose Only. Please invest of trade after consulting a professional financial advisor.
NSE:HINDUNILVRLong
by YogeshVerma1
3
Glenmark - Will mark a higher zone?!The stock which lifted pharma index today was Glenmark. Though nifty was falling, pharma sector managed to sustain and Glenmark rocked. So what we can expect in the coming days? Daily chart shows a steady uptrend. In gap up scenario, buy level is above 1922 - 1926 with the stop loss of 1906 for the targets 1944, 1958, 1972, 1988 and 2002. Flat opening scenario means we can buy above 1902 - 1905 with the stop loss of 1885 for the targets 1920, 1944, 1972, 1988 and 2002. Price is bullish as long as it sustains above 1870 - 1880. 2000 zone is a psychological zone and some profit booking can happen. And sustaining above that can make price to move towards 2080 and 2160. Always do your own analysis before taking any trade.
BSE:GLENMARKLong
by vanathi
11
Bharat Bijlee Ltd Date: 09/07/2025, Closing Price: 3104Bharat Bijlee Ltd ₹ 3,104 3.22% 09 Jul - close price Date: 09/07/2025, Closing Price: 3104 If price breaks above RS 3201 in daily timeframe, then 1st Target is 3422, 2nd target is 3475, Stoploss your own. DISCLAIMER: I am not a SEBI-registered advisor. The content shared, including charts, ideas, and analysis, is purely for educational and informational purposes only. This should not be considered as financial or investment advice. Please do your own research or consult with a SEBI-registered professional before making any trading or investment
NSE:BBL
by Bukharifazalabbask
2
I still don't believe in Nifty and Banknifty move So as we studied yesterday "the Intraday trend was up" and that reflected today. However, must note that this move came as a short covering before the expiry. Also, we did not close above 25600 yet. My view of a sharp pull back is still intact. The technicals are also not confirming the momentum. We need to cross 25600 and that too on a sharp move. Buyers outnumbered sellers with 14.5 million volume but also felt pressure from upwards. Looks like Smart Money is booking profit on every bounce. Intraday Levels for Nifty: Support 25477 Resistance 25600 Same happened in #BankNifty. I don't believe the move of today unless this help us achieve new high on the index. BankNifty levels: Support 57117 Resistance 57534 Won't be opening any new positions. Will use the bounce for profit-booking. Like Institional players. That will be all for the day. Take care. Avoid MTF.
NSE:NIFTY
by Trendxinc
3
Buy Godrej Properties, target 2736, timeframe 2-3 monthsGodrej Properties completed its first impulse after the Sep'24-Mar'25 correction on 10 June '25 and has been undergoing correction (possibly) in the form of a zigzag. There is a good possibility that wave C of the zigzag has been completed at fibo 0.382 of wave 0-3. One may reasonably assume that the next wave could be of minimum 78.6% of the impulse that has been completed which gives a target of 2736. Maintain stoploss of 2180. Happy Trading!!
NSE:GODREJPROPLong
by ChartTheWave
12
Stock Alert: Vedant Fashions ( $NSE:MANYAVAR) 📢 Stock Alert: Vedant Fashions ( NSE:MANYAVAR ) 🗓️ *Date: 8 July 2025* 🔹 **Chart Setup:** ✅ Bullish Gartley pattern completed at ₹740–760 📈 Weekly reversal confirmed, price now at ₹805 🧭 Weinstein Stage 1 (early accumulation phase) 🔹 **Key Levels:** 📍 Entry: ₹790–800 🔒 Stop-Loss: ₹706 🎯 Target 1: ₹930 (6–8 weeks) 🎯 Target 2: ₹1,050 (3–6 months) 📊 Risk/Reward: 3:1 to 5:1 🔹 **Indicators:** 📉 RSI & MACD turning bullish 📊 Volume spike at bottom → smart money entering 🔁 VWAP support holding 🔹 **Fundamentals:** 💰 EPS & Sales improving 📈 ROE & OPM stable 💳 CRISIL Rating: **AA; Outlook: Stable** 📉 Down 50% from 52W high, near bottom 🔹 **Momentum Score: 7.5/10** 👍 Strong technical base + improving earnings ⚠️ Watch for breakout above ₹930 ✅ **Action:** Buy on weekly strength ₹790–800 📌 Add more above ₹930 confirmation 🟢 Looks like a **low-risk, high-reward swing trade** setup with mid-term upside potential.
NSE:MANYAVARLong
by Mr_Huntking
2
DLF: Elliott Wave AnalysisWe will soon get an excellent buying opportunity in DLF. As we can see, I have marked DLF using Elliott Wave theory and Fibonacci. You can see that, after forming wave (1), the market falls to form wave (2). In wave (2), we can see Flat Correction marked with ABC counting. Price then moved fast, indicating a clear impulse to form wave (3). Currently, we are in wave (4) in DLF. As per the rule, we can expect wave (4) to terminate between 23.6% and 38.2% This is the most probable zone where we can expect a new impulse, i.e., wave (5), to start. One has to wait for the market to fall in this Buying zone to get a good buying opportunity. This analysis is based on Elliott Wave theory and Fibonacci. This analysis is for educational purposes only. This is not a buying recommendation.
NSE:DLF
by theprofityogi
4
CAPLIPOINT : A Textbook Elliott Wave Correction Unfolding \ Timeframe:\ Daily \ Structure:\ Corrective to Impulsive \ Type:\ Educational Swing Setup --- 🔍 \ 1. Context and Background:\ CAPLIPOINT has exhibited a classic 5-wave impulsive rally followed by a correction phase, aligning neatly with \ Elliott Wave Theory\ . Currently, the stock appears to be in \ Wave 4 correction\ – often a shallow, sideways or ABC-type pattern – preparing for a potential \ Wave 5 impulse\ . --- 📈 \ 2. Wave Structure Breakdown:\ * \ Wave 1 to Wave 3\ completed with good strength. * \ Wave 3\ peaked near \ ₹2390\ , showing signs of extension. * The ongoing \ Wave 4 correction\ seems to be forming a textbook \ ABC pattern\ : * \ Wave A and Wave B\ completed. * \ Wave C\ likely completed or very close to completion inside the support zone. --- 🟦 \ 3. Wave 4 Correction Zone – ₹1928 to ₹2068:\ This zone offers a \ high-probability reversal area\ supported by: * \ 38.2%–50% Fibonacci retracement\ of Wave 3. * Confluence with \ previous consolidation\ support. * Price action showing \ long wicks and small candles\ , signaling accumulation or demand. --- 🟥 \ 4. Wave C and Critical Support – ₹1887:\ * ₹1887 is likely the \ end of Wave C\ and the complete ABC correction. * Based on: * \ 113%–127% Fibonacci extension\ of Wave A (classic C-wave completion area). * Strong \ volume spike and price rejection\ near this zone. --- 🟪 \ 5. Wave 5 Target Projection – ₹2389 to ₹2410:\ Projected using: * \ Fibonacci extension\ of Wave 1 from Wave 4 low. * \ Measured move technique\ . * Target aligns with previous resistance around \ Wave 3 top at ₹2390\ . --- 🛑 \ 6. Stop Loss & Invalidation Level:\ * \ Invalidation below ₹1887\ on a daily close. * A close below this would signal a potential \ deeper correction\ toward ₹1547–1660 zone. --- ✅ \ 7. Strategic Swing Trade Plan:\ * \ Entry Zone:\ ₹1930 – ₹2065 * \ Stop Loss:\ ₹1887 (daily close basis) * \ Target 1:\ ₹2250 * \ Target 2:\ ₹2389–2410 (projected Wave 5 zone) --- ### 🧠 \ 8. Why This Setup is Educational:\ * \ Textbook Elliott Wave Pattern:\ Classic 5-wave setup with ABC correction. * \ Fibonacci Confluence:\ Retracement and extensions align perfectly. * \ Price Action Validation:\ Support zone showing bullish characteristics. * \ Defined Risk-Reward:\ Excellent R\:R with tight SL. * \ Momentum Potential:\ Wave 5 often brings sharp, fast moves—ideal for swing setups. --- 📌 \ Conclusion:\ CAPLIPOINT is completing a clean \ Wave 4 correction\ and preparing for its \ final impulsive Wave 5\ . If \ ₹1887\ holds, the stock may target \ ₹2389–2410\ in the coming sessions. A technically rich and structurally strong swing opportunity for serious traders and wave enthusiasts.
NSE:CAPLIPOINTLong
by LiveTradingBox
7
NAZARA TECH LTD ANALYSISFOR LEARNING PURPOSE NAZARA TECH LTD - The current price of NAZARA TECH LTD is 1385.10 rupees I am going to buy this stock because of the reasons as follows- 1. Its coming out from a good consolidation base 2. It broke a strong resistance zone of 4 year and it's trying to go for new ATH 3. It is showing better relative strength as it stood strong in volatile times 4. The risk and reward is favourable 5. The stock belongs to a sector which is trying its best to be strong and probably it can do great in coming days. 6. The stock has done almost nothing in last 5 years (approx) and it has acted as a laggard (many stocks have made ATH much back but this stock has gone down after its IPO. Initially it went up a bit but then it was all down move) I will buy it with minimum target of 35-40% and then will trail after that. My SL is at 1212 rupees I will be managing my risk.
NSE:NAZARALong
by Its_Bhushan
3
Both Indices at imp levelsNifty n BNF Nifty CMP 26460 Fib Ext - the Index is just shy away from its all time high. The 24750 remains an imp support for the Index. The Index is at 1.5 fib resistance. Hence above 25460 we will see the highs again. On the contrary below this zone we will see 24750. In my view this zone is the most crucial support and break below this zone will bring in fresh selling. BNF CMP 57032 The fib ext at 1.618 is at 58K. The Index has made a high of 57628. Hence to me the Index is right at resistance. Conclusion -Major down trend will only happen once the trendline is broken. Both the Indices are at crucial zones. For Nifty 24750 is the crucial support and resistance back to the highs of 26300. BNF resistance is at 58K. In my view next week will be action packed week.
NSE:NIFTY
by singh17vivek
1
Zydus Lifesciences Ltd -- Weekly timeframe 1. Pattern: Inverse Head & Shoulders Left Shoulder: Formed near the ₹950 zone. Head: Dipped to around ₹860. Right Shoulder: In formation, expected to consolidate between ₹950–₹980 before breakout. Neckline: Around ₹998–₹1,000. This is a bullish reversal pattern after a prior downtrend, suggesting a potential trend reversal. 2. Right Shoulder Completion (Current Stage) Price is hovering near the neckline; pullback expected to complete the right shoulder. This pullback can retest ₹950–₹975 zone before breakout. This forms the best risk-reward entry zone with SL below ₹945–₹950. 3. Target Projection Measured Move = Neckline (₹1,000) - Head (₹860) = ₹140. Breakout Target = ₹1,000 + ₹140 = ₹1,140 (also shown on your chart with blue arrow). This is the first target zone post-confirmed breakout. 4. Entry Strategy Entry Trigger: On breakout above the neckline (₹1,000+ zone), with weekly candle close for confirmation. You correctly marked this as the "Entry at BO of Neck-Line".
NSE:ZYDUSLIFELong
by Alpha_Analyst10
1
LIC Housing: A Correction That Refuses to End?After completing the first upward leg from the March low near 483.70, LIC Housing Finance rallied sharply to 623.90. This rise is being marked as wave 1 or A, depending on whether the structure develops into an impulse or a zigzag. After that peak, a correction was expected. Initially, price dropped to 565.40 in a clear abc formation, which could have marked the end of wave 2 or B. However, the market didn’t follow through with a strong rally. Instead, price began moving sideways in a choppy, overlapping manner — a strong clue that the correction wasn’t over. This overlapping price action evolved into a WXYXZ structure, a complex form of correction. Here’s how the structure now looks: The initial drop to 565.40 is being treated as wave a of a larger correction. The sideways consolidation that followed is marked as wave b. The current expectation is for a final wave c down — which would complete the full abc correction of a higher degree, labeled as wave 2 or B. The ideal target zone for wave c lies between 1x to 1.618x the length of wave a, projected from the end of wave b. Support lies in the 568.80–532.65 zone. If price dips into this area and shows signs of reversal — particularly with bullish divergence on RSI — it could set the stage for the next leg higher in wave 3 or C. The invalidation level for this count stands at 627.30. A sustained move above this level would negate the possibility of a wave c decline and instead suggest that a new impulsive leg has already begun. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:LICHSGFINShort
by WaveXplorer
5
HDFC BANKHello & welcome to this analysis It has made double bearish Harmonic patterns at the same PRZ level - Crab & Deep Crab in the daily time frame with so far today's candle being an Open = High in daily time frame. A retracement till 1950 - 1875 could be possible as long as the stock does not cross 2050. A heavyweight in both Nifty & Bank Nifty, it could halt the uptrend of both the indexes either till it does not complete its pullback or the patterns get negated. All the best
NSE:HDFCBANKShort
by Dinesh_C_Nagpal
6