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Harmonic Patterns

Pg Electroplast Limited - Breakout Setup, Move is ON...#PGEL trading above Resistance of 599 Next Resistance is at 853 Support is at 439 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:PGELLong
by MandeepSinghKohli
Pudumjee Paper Products Limited - Breakout Setup, Move is ON...#PDMJEPAPER trading above Resistance of 129 Next Resistance is at 178 Support is at 85 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:PDMJEPAPERLong
by MandeepSinghKohli
Garware Hi-Tech Films Ltd - Breakout Setup, Move is ON...#GRWRHITECH trading above Resistance of 3146 Next Resistance is at 4964 Support is at 1816 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:GRWRHITECHLong
by MandeepSinghKohli
Zen Technologies Limited - Breakout Setup, Move is ON...#ZENTEC trading above Resistance of 1663 Next Resistance is at 2143 Support is at 1263 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:ZENTECLong
by MandeepSinghKohli
Cigniti Technologies Ltd - Breakout Setup, Move is ON...#CIGNITITEC trading above Resistance of 1487 Next Resistance is at 1820 Support is at 1319 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:CIGNITITECLong
by MandeepSinghKohli
1
Time Technoplast Ltd - Breakout Setup, Move is ON...#TIMETECHNO trading above Resistance of 362 Next Resistance is at 488 Support is at 259 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:TIMETECHNOLong
by MandeepSinghKohli
1
Strength Index (RSI) IndicatorThe relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security. The RSI is helpful for market participants in identifying trends. In a strong uptrend, the RSI typically stays between 40 and 90, with the 40-50 range acting as support. In a strong downtrend, the RSI ranges from 10 to 60, with the 50-60 range serving as resistance.
BSE:SENSEXEducation
by SkyTradingZone
3
Cautious on Bitcoin: Expecting a Sharp Pullback Before LongCautious on Bitcoin: Expecting a Sharp Pullback Before Long 1⃣ Current Stance: Cautious on long positions in CRYPTOCAP:BTC due to the shallow nature of Wave 2 and the potential for an expanding diagonal (ED) formation. 2⃣ Entry Plan: Planning to open a long position in #Bitcoin but waiting for a clearer correction. 3⃣ Market Expectation: Expecting a sharp pullback, though the exact dip is uncertain at this stage. 4⃣ Next Steps: Will provide further updates after additional confirmations are observed. Note: This is NFA. Always DYOR before making any trades.
Short
by CryptoPatel
1
Be a LONG TERM WINNER Think Like a Casino Owner: Master the Psychology of Trading If you want to win in trading, stop thinking like a gambler and start thinking like the casino. Here’s why: Casinos lose money to players all the time, but do they panic? No. Why? Because they know one thing: the edge is on their side. They don’t care about a single hand, a single spin, or a single bet. Over thousands of outcomes, the casino always wins. --- What Does This Mean for Traders? Most traders treat the market like a gambling table. - They want instant wins. - They take losses personally. - They throw discipline out the window when emotions take over. But successful traders? They act like the house. Here’s how you can think like a casino owner and win consistently: --- 1. Focus on Your Edge The casino’s “house edge” might be as small as 1-2%, but that tiny edge ensures massive profits over time. For traders, your edge could be: - A tested strategy with a positive risk-reward ratio. - Clear entry, exit, and stop-loss rules. - Consistent risk management where one trade never wipes you out. Your job is to keep executing the edge without worrying about short-term outcomes. --- 2. Losses Are Part of the Game Imagine a casino manager losing Rs.10,00,000 to a lucky player. Does he close the casino? Of course not. He knows the house edge will win that money back over the next hundred players. You must treat losses the same way. - Every loss is a cost of doing business. - A single losing trade means nothing when your system works over 100 trades. As long as you follow your plan, you’re still the house—and the house always wins. --- 3. Control Your Risk Like a Pro Casinos never allow a single player to bankrupt them. There are table limits, checks, and balances. Traders need the same safeguards: - Position sizing: Never risk more than 1-2% of your capital on a single trade. - Predefined stop losses: Know where to exit before you even enter a trade. - No exceptions: Follow your rules no matter what the market does. The key? Never let a single trade decide your future. --- 4. Think in Probabilities, Not Certainties Casinos don’t “hope” to win. They rely on probabilities. Similarly, trading is not about predicting the market; it’s about managing probabilities. - You will lose some trades. - You will win some trades. What matters is the overall outcome: - If your wins are bigger than your losses, you’ll be profitable. - If your process is repeatable, the odds will play out in your favour. --- 5. Detach Emotionally from Outcomes A casino owner doesn’t get emotional when they lose a bet—they’re focused on the big picture. As a trader, you need to detach from: - The thrill of a winning trade. - The pain of a losing trade. Instead, focus on: - Following your system. - Sticking to the process. - Executing your trades like a business, not a gamble. --- The Big Takeaway If you want to succeed in trading, stop thinking about this trade. Start thinking about 100 trades. - Losses are inevitable. - Wins are inevitable. What matters is how you manage the edge and the risk. Like a casino, you’re not here to win every spin—you’re here to make sure the numbers work in your favor over time. --- Remember: - Amateurs chase wins. - Professionals chase consistency. The market doesn’t reward gamblers—it rewards those who think like the house. So, ask yourself: Are you playing the market, or are you running it like a business? Drop your thoughts below. Let’s talk about building a trader’s mindset.
NSE:NIFTYEducation
by keshevdugar
8
#Banknifty directions and levels for December 13th.Bank Nifty Current View: This also looks like the Nifty sentiment; if the market opens with a gap-down, it could reach a minimum of the 78% Fibonacci level. After that, if it sustains or breaks the level of 78%, then the correction will continue to the demand zone. If it finds support there, we can expect a minimum bounce back of 23% to 38% in the minor swing. On the other hand, if it consolidates or breaks below, then the correction will likely continue. Alternate View: The alternate view suggests that if the market takes a solid pullback around the immediate support level and breaks the 38% level in the minor swing, it could re-enter the range-bound market, which means we can expect targets of a minimum of 78% to the channel top. This also indicates that until it breaks the 38% level, it could remain a bearish market.
NSE:BANKNIFTY
by Manickamtraders
#Nifty directions and levels for December 13th.Good morning, friends! 🌞 Here are the market directions and levels for December 13th. Market Overview: The global market is showing moderately bearish sentiment (based on the Dow Jones only), while our local market also exhibits a moderately bearish sentiment. Today, the market may open with a slightly gap-down start, as the Gift Nifty is showing a negative 90 points at 8:00 AM. In the previous session, both Nifty and Bank Nifty closed in negative territory, and the Gift Nifty is also maintaining this sentiment, showing a 90-point negative start What can we expect next? > If we take note of the previous movements, we see a range-bound structure. > However, my expectation is that if the market sustains the decline and consolidates, we can expect a continuation of the correction because the RSI is showing a bearish bias. > The range will continue only if it pulls back from the initial movement and breaks the 38% Fibonacci level in the minor swing. If that happens, it will re-enter the range. This is the basic structure; let’s look at this in the charts. Nifty Current View: The current view suggests that if the market opens with a gap-down, it could reach a minimum of 24,416. After that, if it sustains or breaks the level of 24,416, then the correction will continue to the minor demand zone. Usually, both levels are major support in a range-bound market, so if it finds support there, we can expect a minimum bounce back of 23% to 38% in the minor swing. This is the basic structure. Alternate View: The alternate view suggests that if the market takes a solid pullback around the immediate support level and breaks the 38% level in the minor swing, it could re-enter the range-bound market, which means we can expect targets of a minimum of 78% to the channel top. This also indicates that until it breaks the 38% level, it could remain a bearish market.
NSE:NIFTY
by Manickamtraders
7
ETHUSD more upside possible buy on dip book near resistance Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 88.6%) Target 6- (T6 : 100 %) Target 7- (T7 : 127.2 %) Target 8-  (T8 : 141.4 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
COINBASE:ETHUSD
by JaiPrakashShuklaHarmonicTrader
Bitcoin again hit resistance area fall possible buy on dip only Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 88.6%) Target 6- (T6 : 100 %) Target 7- (T7 : 127.2 %) Target 8-  (T8 : 141.4 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
COINBASE:BTCUSDShort
by JaiPrakashShuklaHarmonicTrader
Natural gas near very strong resistance area avoid any buy tradeDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 88.6%) Target 6- (T6 : 100 %) Target 7- (T7 : 127.2 %) Target 8-  (T8 : 141.4 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:NATURALGAS1!Short
by JaiPrakashShuklaHarmonicTrader
Copper break support sell on rise newr 830 or below 820Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 88.6%) Target 6- (T6 : 100 %) Target 7- (T7 : 127.2 %) Target 8-  (T8 : 141.4 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:COPPER1!
by JaiPrakashShuklaHarmonicTrader
Silver no buy signal yet we can see fall till 90100 alsoDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 88.6%) Target 6- (T6 : 100 %) Target 7- (T7 : 127.2 %) Target 8-  (T8 : 141.4 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:SILVER1!Short
by JaiPrakashShuklaHarmonicTrader
Silver there is no buy signal so sell on rise near resistance Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 88.6%) Target 6- (T6 : 100 %) Target 7- (T7 : 127.2 %) Target 8-  (T8 : 141.4 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
OANDA:XAGUSDShort
by JaiPrakashShuklaHarmonicTrader
Gold yesterday buy avoid given ,we booed 500 points profit sell Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 88.6%) Target 6- (T6 : 100 %) Target 7- (T7 : 127.2 %) Target 8-  (T8 : 141.4 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
MCX:GOLD1!Short
by JaiPrakashShuklaHarmonicTrader
XAUUSD buy avoid recommended yesterday we booked 18 points profiDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks Trailing SL (SL 23.6% )retracement Which is SL points then take Entry on Buy or Sell Trade SL - D points Which is recent High / Low mentioned in Chart is our SL TARGET - Target 1- (T1 : 38.2 %) Target 2- (T2 : 50 %) Target 3-  (T3 : 61.8%) Target 4-  (T4 : 78.6 %) Target 5- ( T5 : 88.6%) Target 6- (T6 : 100 %) Target 7- (T7 : 127.2 %) Target 8-  (T8 : 141.4 %) Target 9-  (T9 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
OANDA:XAUUSDShort
by JaiPrakashShuklaHarmonicTrader