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Gartley

ICIL: Is Impact of Poor Result is Over ?Harmonic Pattern: Bullish GARTLEY. Price Volume Action: Favours UP Trend. In Last trading Day Close @ 117.3 (+4.3%) Volume: Increased 68.25% more compare to Previous Trading day . A/D: Change Status from " Distribution " to "Accumulation" Annualized Volatility Increased to 82.53% Trade Setup: LONG: @ LTP + / -1% (40% of Investment) Best LONG: @ 114.8 - @ 113.2 (30% of Investment) More LONG: @ 110.95 - @ 109.3 (Final 30% of Investment) Swing Target: @ 119.3, @ 120.75, @ 123 - @ 124.7 (HZ), @ 129.1 Short Term & Medium Term Target: Plotted on Chart. SL: @ 105- (By Closing). More Updates Later as Scenario Changes. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor. LIKE / Comment /Share, If useful & enriched your knowledge.
NSE:ICILLong
by DSKF16
12
Just Dial - Can Gartley & Butterfly Partner for 380-390-415-450Buy Back can be an important element providing good pitch for the both the batsmen- Mr. Green Gartley & Mr. Yellow Butterfly - can they dial 380 -390-415 & 450 - as spectators will be keen to know their fate in the upcoming session. Trading Plan Either moving above 370 if they are in hurry or we shall look for 358-362 Zone as the resting zone- if this zone holds & starts pushing upside then buy the tickets -it could be an exciting match for the day. Targets 380-390-415-450 Previous Update - Forgot we picked at bottom 352-353 after lot of volatile drama & zoomed to 375+
NSE:JUSTDIALLong
by WaveTalks
26
Federal Bank -Taking U turn@119-Can this be bearish GartleyPattern Invalidates above 119.50+ . As suggested in previous update mentioned below in morning, which is running for federal bank- looking for a small pop up to 119.00 - 119.50 zone. Wow! There is a bearish gartley which can play it's role if it remains below 119.50 for targets 117.80- 116.70 & below 116.50 as per previous update 114.50- 115 zone. Previous Update - Gartley Trendline - Federal Structure ( Correction- it is Crab pattern)
NSE:FEDERALBNKShort
by WaveTalks
11
Federal Bank- Gartley & Trendline -Federal structure for 128-130Below 116.50 - it could fall to the support of 114.50-115 - If holds shown by small red arrow & later getting support of red trendline & gartley last leg attraction can push the structure to 128-130 zone as the possible target zone which can be seen in coming weeks & months. We need to see support coming in 114-115 zone for the last leg to push up & kiss the desired zone as expected above. Let us wait & see whether this Trendline & Gartley last leg can unite to form this federal structure desired by the bulls for so many months. Once this structure completes & it faces resistance in 128-130 zone. You all know what structure it could be? don't you - It is bearish gartley - simple. Bearish Gartley- what will you do - Please tell your answer in comments. Have a nice weekend.
NSE:FEDERALBNKLong
by WaveTalks
20
BharatForg: The Bearish GartleyThe Pattern has not yet completed itself so in anticipation of it being a bearish Gartley, the potential reversal point could be around 1174. The level 1158 could also act as a supply zone, so I would call 1158-1174 to be a potential reversal zone. If price breaks above the yellow trendline (shown in chart) it would have tendency to test the reversal zone. The pattern would fail if 1174 zone is breached on the upside. If price breaks below the yellow trendline, 1064 should be a level to watch out for. The price may reverse from this zone to complete the pattern on the upside. Hit like if this idea was informative and helpful. Comments are welcomed. Trade safe. Best Regards Bravetotrade
NSE:BHARATFORGShort
by Bravetotrade
2
Nifty : Why I Love You & Harmonics !It has been very long time since Nifty has treated Me with such potential harmonic opportunities, irrespective of whether this potential pattern completes or not, I love this trade setups. If it goes as planned here I will be having stops 50-70 points below the Entry zone based on the patterns. I wanted to write a lot about patterns but as market opened let me post first :) Will add content later... Our Discussion continues : We have two harmonic patterns above one being internal butterfly, just waiting to fly off, next being Gartley ( didn;t check ratio's though ). Anyway both are converging around the same area, I expected that area to be tested yesterday, if you have noticed in last post I have mentioned 9600's zone as sweet spot for entry along with 9650's , so we are well in our sweet zone for another 200 points towards 9850's with partial booking of profits in between with stoploss of 50-70 points from entry zone. If Harmonics aren't part of your plan, I would strongly suggest you to apply your trade setup over it and find out whether it says upside :)
NSE:NIFTYLong
by InsiderB
30
Tata Communication : We are in Harmony...Good Morning ! After a long time, looks like I'm coming up with earlier post. We are communicating with Tata Comm real good & in harmony , so that's the reason for the Bearish Gartley over there. For most of new followers, this may be new stuff but don't worry, its just good-old goodie which I used regularly before I left from site, even now I use harmonics & I love them. And for New followers - The Harmonics around you are far away from the truth, so don't get confused. If patterns are something new, just skip & try some other trading setup, you may find the expected bearish move but wait, harmonics doesn't guarantee a successful trade. Look at the bullish day we had yesterday & we are countering it. oh ! isn't it wrong to counter the markets ??? When your trade plan says to counter it, Do it, That's what discipline is about, irrespective of the result.
NSE:TATACOMMShort
by InsiderB
6
Prospective Gartley Pattern _Nocil Daily_26.5.2017This setup is for education purposes only This setup is valid if price reverses from Point C and reaches to Point D. Entry will be at price level on point D. How to Find Gartley Pattern (for Long Setups) 1. Find Impulse Leg. In this setup, Impulse leg is from X to A 2. Take Fib Retracement from X to A, The point B should be between Fib retracement 61.8 and 78.6. ( Point B should not touch Fib Retracement 78.6. However, it should pass Fib Retracement 61.8) 3. Point C should be in between Fib Retracement 61.8 and 78.6. of Fib retracement from A to B. ( Point C should not touch Fib Retracement 78.6. However, it should pass Fib Retracement 61.8) 4. Point D will be at 127.2 level of Fib Extension of A-B (i.e. Fib Extension will start from A then to B and will end at back to A) 5. Point D will be the entry point. 6. Stop Loss will be 10 pips below point X. 7. Point D Cannot be below Point X. It should be between the prices at Point X and B. 8. Similarly, Point C cannot be above Point A. 9.How to Find the Target? Target 1 will be at Fib retracement 31.2 of the Fib retracement taken from A to D and Target 2 will be at Fib retracement 61.8 of the Fib retracement taken from A to D 10. You can reverse the steps for a Short(Sell) Setup. Setup is applicable for almost all timeframes. Please let me know if you have any queries
BSE:NOCIL
by imdbeststocktrader
1
BULLISH GARTLEY ( POSITIONAL TRADE SETUP ON ABAN. DAILY CHART)Hi A Bullish Gartley pattern is developing on Aban -0.47% Offshore Daily Charts . Potential Price reversal zone will be 1.13BC = 211.5 0.786XA= 206 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Note : Daily Trend line shown as red color. Stop loss would be placed below X leg structure support . Target 1 - 229 Target 2 - 243 To protect the profits you have accumulated at target 1 it is advised you move your stop loss to breakeven once the 38.20% target 1 has been attained, thus giving you a risk free trade to target 2. Trade with Care, Gulz.
NSE:ABANLong
by gulz