Bank Nifty Bearish BatBank nifty seems to form bearish bat pattern at 41270..
Sell in the range of 41270-350 if comes..
Stop loss 41500
Target minimum 40800 .. 40500 40000
Harmoincs
Bank Of BarodaBank of Baroda is a sell on a rise near 165 levels.. more shorts can be added below 157 levels for a target of 120-130 around in next month
Apollo Hospital 5th Wave + HarmonicApollo Hospital may have ended the 4th wave today. we can see 5000 levels in one month soon.
Stop loss should be 4200..
Risk reward too great
PCJ - Short termEducational:
Bearish harmonic in making. Short term bearishness with Fib levels marked expected by last week of July.
Banknifty is on alert. If crossess 35500 then falls to 34400Bat Pattern Is Activate on 2 hrs time frame. Target 1 is 34500-34400
Banknifty is on alert. If crossess 35500 then falls to 34400Bat Pattern activate if after 35500 level breaks. bank
PVR IS IN HARMONIC REVERSAL PATTERNDont buy PVR befor resistance line broken. harmonic target is 1600 and target 2 is 1500 respectively
Bajaj Finance- All time high Positional Trade (June series)Bajaj Finance is near to its All time high .
Traders can take short position once the Triangle pattern got broken for Targets of minimum 400 points.
We can execute Long if the price manages to close above the All time hig h in 2 hrs candle.
Use RSI trendline breakout for double confirmation of your trend.
Kindly share your valuable thoughts..
Disclaimer: This view is for educational purposes only. Please consult your advisor before taking any trade.
Apollo Long until completion of cusp Price action is on way of completing bearish Shark pattern,
Things which are important here
- price action is in channel ,following cuspoidal mathematical expression
- price already made all time high
- bearish shark pattern completion is on way
- shark is completing at channel resistance, that is big oppurtunity to short then
- black box is possible prz ,short then
- currently price is going up so for 8 to 10 days ,long would be favourable position.
