Gartley
AMARARAJA - Bearish Gartley - 1D TFBearish Gartley pattern on Daily Chart of AMARARAJA BATTERIES. SELL 835-837, SL 871.1, Target(s) - 801, 790.
Bullish Gartley in Hdfc 1H chartAll the levels are mentioned below
PRZ: 2415.9-2418
Target 1:2445.8
Target 2:2466.4
Stoploss:2387.8
Reward/Risk:1.79
Indusind Bank - 150 Points Crack Makes GartleyBest part of financial markets is they never move in straight line - ups & downs - downs & ups that's the beauty of the markets.
Trading Strategy
Plan A (Short Term)
Strictly moving above 1360 levels later holding 1340-1360 zone as support for upside target - 1410-1420 zone
Plan B
Selling later, if stock stops in 1410 - 1420 zone post completing the target as suggested in Plan A. Target for selling as per this plan - 1395 / 1350 / 1320
Plan C
Strictly buying only above 1420 levels for 1440 / 1480 targets upside - Not valid below 1420 levels
Plan D
Continue Long Term Targets as suggested in 15th Jan 2020 Idea - "Tops the Stops - Misses Street Estimate"
Last Video Idea (Click Below) - "Tops The Stops - Misses Street Estimate -High-1585 "
Thanks for watching the video & Have wonderful week ahead.
CENTURY TEXIn weekly time frame it is showing signs of revering from a Bearish Harmonic Cypher PRZ. In hourly time frame it has made a Bearish Harmonic Gartley and reversed. Failure to hold 490 on closing basis in daily time frame could be a trigger for the expected down move till 450. In hourly time frame trading above 513 would negate the move for now.
NiftyNifty through the week was within a falling channel making Lower Lows and Lower Highs. At close today it came into the PRZ of 3 Bullish Harmonic Patterns, namely, Shark, Bat & Gartley. If it were to reverse from this level it needs to survive above 11940 for an hour at least. Then it could move all the way back to test the falling channel at 111975-12025. From that range (or on failure to hold 11885) we could expect the next set of 3 Bullish Harmonic Patterns. namely, Alt Shark, Bat & AB=CD get active between 11830-11860 to conclude this slanting channel trend
UJJIVAN : Bearish Gartley 30-NOV-2019
UJJIVAN : Bearish Gartley 30-NOV-2019
CMP: 338.35
Entry : 358.15 - 346
Targets : 321,296
Stop loss: 371.80
Chart by : Karthikdeva