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Harmonic Patterns

UPL (UPL Ltd)- AnalysisBullish Levels -day closing above 540 (early entry risky) then 640 (safe entry if day closing above this) first target is around 737 then 830 and then 928 Bearish levels :- Day closing below 440 strict SL for Investor. **Consider some Points buffer in above levels **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:UPL
by PrashantTaralkar
#Nifty directions and levels for December 3rd.Good morning, friends! 🌞 Here are the market directions and levels for December 3rd. Market Overview: There are no significant changes happening. The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market has a moderately bullish sentiment. In the previous session, Nifty had a solid pullback and ended around the top of the swing, but Bank Nifty is still around the 38% mark. The structures are different here. In my personal opinion, if the market takes a solid pullback, we can expect a long rally today. On the other hand, the same could happen on the downside, which means if it declines or rejects around the immediate resistance level, it could turn into a flat correction, as well as a sharp decline correctional leg. Let’s explain this on the chart. Nifty Current View: The current view suggests that if the market takes an initial pullback, it could reach a minimum of 38% to 24,485. After that, if it consolidates or breaks this level, the rally will likely continue. Conversely, if it rejects this level, apply the Fibonacci levels to the minor swing. If it breaks below the 38% Fibonacci level during this rejection, it may indicate a reversal, while maintaining above this level will keep the bullish bias. This is the basic structure. Alternate View: The alternate view suggests that if the market initially declines, it could reach the 38% Fibonacci level in the minor swing. However, until the 38% level is broken, it will maintain a bullish bias. If it breaks this level, we can expect a correction.
NSE:NIFTY
by Manickamtraders
2
#Banknifty directions and levels for December 3rd.Bank Nifty Current View: It looks similar to Nifty's sentiment. If the market takes an initial pullback, it could reach a minimum of 61% to 78%. After that, if it consolidates or breaks this level, the rally will likely continue. Conversely, if it rejects this level, it may consolidate between the previous low and the upcoming high. If it breaks below the bottom of the swing, the correction will continue. Conversely, if it breaks the 61% level on the upside, the rally will continue. Alternate View: The alternate view suggests that if the market initially declines, it may indicate a range-bound market, which means it may consolidate between the previous low and the opening price. After that, if it breaks below the bottom of the swing, the correction will continue. Conversely, if it breaks the 61% level on the upside, the rally will continue.
NSE:BANKNIFTY
by Manickamtraders
Bitcoin buy on dip until 9400 not break upmove Target on chartDisclaimer - 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 27.2% )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:BTCUSD
by JaiPrakashShuklaHarmonicTrader
Natural gas sell on rise if break 267 then positional sell activDisclaimer - 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 27.2% )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!
by JaiPrakashShuklaHarmonicTrader
1
Copper 804 strong support upmove will come levels on chartDisclaimer - 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 27.2% )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
Crude on in range sell on rise 5660 buy zone 5980 sell zoneDisclaimer - 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 27.2% )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:CRUDEOIL1!
by JaiPrakashShuklaHarmonicTrader
Silver sell on rise until 92600 not break all levels on chartDisclaimer - 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 27.2% )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!
by JaiPrakashShuklaHarmonicTrader
Silver sell on rise until 31.06 not break levels on chartDisclaimer - 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 27.2% )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:XAGUSD
by JaiPrakashShuklaHarmonicTrader
Gold MCX sell on rise until 77350 not break levels on chartDisclaimer - 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 27.2% )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!
by JaiPrakashShuklaHarmonicTrader
Gold XAUUSD sell on riss until 2670 not break levels on chartDisclaimer - 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 27.2% )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:XAUUSD
by JaiPrakashShuklaHarmonicTrader
Banknifty 51700 support upmove will continue levels on chartDisclaimer - 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 27.2% )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
NSE:BANKNIFTY
by JaiPrakashShuklaHarmonicTrader
Nifty 1st support 24130 upmove will continue levels on chartDisclaimer - 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 27.2% )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
NSE:NIFTY
by JaiPrakashShuklaHarmonicTrader
GOLD--> The bears are gaining strength! Next target: 2600OANDA:XAUUSD is declining after a false breakout of the resistance range. The fundamental backdrop is mixed and still does not allow for a clear medium- and long-term strategy to be formed. But!... Trump's tariff policy and rising geopolitical tensions are influencing metal prices. Against the backdrop of a strengthening dollar and expectations of a Fed rate cut, gold prices are declining and confirming the market's structure. Looking ahead, all eyes will be on U.S. employment data as the country will release multiple job-related figures ahead of the Non-Farm Payrolls (NFP) report on Friday. From a technical standpoint, we have a trend to watch after leaving the rising channel support and the 2636 area, reflecting the prevailing bearish sentiment. A breakout below 2636 could trigger aggressive selling against the backdrop of a newly strengthened dollar. However, the possibility of a retest of the area of interest before continuing the downward trend cannot be ruled out. Gold prices are expected to decline and reach levels of 2610 and 2596, respectively.
OANDA:XAUUSDShort
by Bo-Samson
NIFTY- Intraday Levels - 3rd December 2024If NIFTY sustain above 24321 then 24347 to 24364 above this bullish then 24411 to24428 above this more bullish 24534 to 24555 or 24572 to 24589 day close above this can be consider bullish. If NIFTY sustain below 24248 below this bearish then 24200 to 24183 or 24166 below this more bearish then 24146 to 24126 and 24106 to 24089 Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:NIFTY
by PrashantTaralkar
2
Gold analysis today: 2640 key zoneGold analysis today: 2640 key zone As shown: In the four-hour cycle, the gold trend last week fluctuated upward along the black channel (as shown in the figure). Due to Thanksgiving, the US market was closed on Friday, resulting in no huge fluctuations in the market, and the repair shock within the channel was still maintained. Because of Trump's firm attitude and negative remarks over the weekend, the gold trend fell directly below the black channel on Monday this week (as shown in the figure) 5-minute level: fell to around 2623, rebounded to 2640 to test pressure So today's focus on the price: Is the pressure around 2640 effective? The upper pressure is obvious: 2640 One: Continue to continue the idea of ​​shock: 2620-2640 range Two: Short-selling idea: Take the pressure around 2640 as the pressure range, test and set a stop loss. Expected decline in the day: 2630-2620-2605 Specific strategy: SELL: 2640-2635 SL: 2650-2648 TP1: 2630 TP2: 2620 TP3: 2605 Notes on short selling: Once it returns above 2640, it is likely to continue to run along the black rising channel, with a high of 2680-2700. Be sure to set a stop loss and control your position reasonably. 3: Long ideas: Take the 2600 range as the support range of the large-scale cycle, test and set stop loss, and the expected rise in the day: 2620-2630-2640-2680 Specific strategy: BUY: 2605-2610 SL: 2590-2600 TP1: 2620 TP2: 2630 TP3: 2640-2680 Notes for long: Once it falls below 2600 and returns to the bearish trend, the maximum decline today is likely to be around 2540. So be sure to bring a stop loss and control the rationality of the position The first news this week: Trump hopes that the US dollar will continue to be the world's reserve currency US President-elect: Trump reiterated his threat to impose a "100% tariff". Donald Trump warned that he would ask some countries to promise not to create a new currency to replace the use of the US dollar, and repeatedly threatened to impose a 100% tariff. "The idea that some are trying to get rid of the dollar and we sit back and do nothing is over," Trump said in a post on his "TruthSocial" on Saturday. "We are asking these countries to promise that they will not create a new market currency or support any other currency to replace the strong dollar, otherwise they will face a 100% tariff and should be prepared to say goodbye to selling goods to the wonderful American economy," he added. Trump promised during his campaign that he would make countries pay a high price for abandoning the dollar. He also threatened to use tariffs to ensure they comply. Saturday's threat has taken on new meaning as the president-elect prepares to return to power in January next year. Trump and his economic advisers have been discussing how to punish allies and adversaries who try to conduct bilateral trade in currencies other than the dollar. According to people familiar with the matter, these measures include considering export controls, trade tariffs and other options. Trump has long stressed that he wants the dollar to remain the world's reserve currency. He told CNBC in a March interview that he "will not allow countries to abandon the dollar" because it would "deal a blow to our country." Opposition to the dollar's dominance has intensified in 2022 as the United States led economic sanctions against Russia. "It is impossible for any country to replace the dollar in international trade, and any country that tries to do so should wave goodbye to the United States," Trump said on Saturday. The president-elect has already shocked world markets by threatening to impose 25% tariffs on all products from Mexico and Canada before the start of his second term if those countries do not do more to stop illegal drugs and undocumented immigrants from crossing the U.S. border. Canadian Prime Minister Justin Trudeau met with Trump on Friday to discuss trade and border issues, trying to ease tensions between the two allies after the tariff threat. News interpretation: bearish for gold
FOREXCOM:XAUUSD
by G-Janaya