Completed Bearish Gartley ; Trade setup explained in charts Bearish Gartley ; Trade setup explained in charts
ENTRY is below 25550 on closing basis of 30 min candle
Disclaimer : Its purely my view - not a recommendation
Gartley
Aurbindo Pharma About to fall Perfect Gartley Pattern created by Aurbindo pharma!!
Looks like it is barely holding above RSI 50 and Two perfect rejection from trusted trend line.
Targets are defined in Chart!!
Disclaimer: Not an investment advice!!
Will update on progress,if trend does not hold
Lupin longLupin may face initial resistance at current level. Long at dip near 622 level with cbsl below 617.
Target 646 and 658.
Gold Technical analysisThe 4 hour chart of Gold has formed a classic bearish gartley pattern
So, it is expected to be face strong selling pressure now.
VRLLOG: Better Fundamental Compare to PeersVRL Logistics Ltd.
Bullish GARTLEY (in Progress) PRZ': @ 322
Book Value: Rs. 65.66, Dividend Yield % 1.21
EPS: 10.25, P/E: 32.25
Swing TGTs: @334, 336.60, 337.80, 339.45, 342.65+
accumulation: @ 330, 327.4, 324.50, 323.65, 321.35
SL: below "PRZ" (by Closing)
Education Purpose Only.
Natco Pharma - Bullish Harmonic SetupNSE:NATCOPHARM has formed Bullish harmonic setup.
Go long above 792.65
T1 - 802.30
T2 - 820.95
SL - 774.90
INDIAN BANK GartleyINDIANBANK has been respecting the neckline for a year now. Currently testing it again. Awaiting a breakout/reversal. A possible Gartley in the making.
Also a cup and handle
Potential Bearish GartleyA Bearish Gartley Pattern is setting up in NSE:BHARTIARTL . The pattern completes at an important level on the higher time frame. Also, AB=CD pattern completes at that exact point further confirming the patterns reliability. Targets and Stop Loss are mentioned in the charts.
Trade accordingly.
Dpk.Htkar
CANFINHOME Gartley CompleteCANFINHOME gartley complete. Awaiting a breakout/reversal on account of result on monday-ish
Bearish Gartley PatternNifty hourly chart has formed Bearish Gartley Pattern so we can observe its behaviour and short on weakness. Interestingly the pivot is at the third touch of down sloping trend line so aggressive traders can take chance by shorting at this level.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Potential Bearish Gartley on BankniftyWe have potential Bearish Gartley pattern in Banknifty.
Create short positions on confirmation of the reversal. Potential reversal area 26850 to 26980.
Stop loss slightly above 27000.
Targets - 26500, 26300 perhaps more than that.
I am posting Germany's DAX index chart for the reference where Bearish Bat pattern is executing perfectly.
