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Harmonic Patterns

Nifty - The Culmination Point -Part 2Disclaimer All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Trading Strategy Plan A Holding above 11890 – 11910 zone – Expect upside short term push to 11950-11980. Plan B Sell in 11950-11980 ( No Trades if crosses above 12000 mark) for target 11900 / 11840-11850 / 11690-11715 Plan C Sell only below 11690-11715 for 11490-11510 zone Plan D Sell below 11490 for 11080-11100 & Below 11080 for 10750-10800 zone
NSE:NIFTYShort
by WaveTalks
147
India Nifty -Bull Traffic -Can it be a Grinding Halt ! at 11715Disclaimer All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. -------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy Plan A Bullish Harmonic Bat Pattern - Buy Above 11575 for 11630-11640 & Above 11640 for 11665-11675 Plan B Sell close to the tops between 11665-11680 with strict stops above 11695-11700 - Downside Target - 11550-11575 / Below 11530-11550 ( It should hold below 11530) for 11445-11465 target zone & lower 11080-11100 zone next below 11400 Plan C Sell gets extended below 11550 for targets mentioned in "Plan-B" above Plan D Buy above 11715 if crosses 11695 as bullish criteria else be careful. Thanks for watching the video & support.
NSE:NIFTY
by WaveTalks
73
NIFTY UPSIDE RESTRICTEDOn evaluating the chart of NIFTY FUTURES in hourly time frame, we see that the upside is restricted in the Index and rupees again showing weakness in the past two sessions can bring back it to it down sloping channel, further we estimated that the Indices will be trade in the range bound manner and more downside can be seen if Rupee depreciate on regular intervals. In future hourly chart, it again showing that its now trading like inverted cup and handle formation. Any upmove can be seen if it breaches the level of 11125 levels for 100 more points.
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by Stock_TechPro
Nifty - Journey Comes Full Circle at 11425Trading Strategy Plan A -Risky Traders Sell Call Going below 11375 only- put strict stops above 11390 & look for 11350- 11280/11290 Plan B – Buy Above 11400 strict stops below 11375 for 11450-11460 / 11590-11600 / 11700-11725 / 11900-11925 Plan C - Only above 11980-12000 we shall look for 12200-12300 target zone Last Video Idea Is 11461 the Bottoms - Accumulation wedge - Initially We aligned ourself for an important sell from 11700-11710 zone for 11600/ 11525 & more later my assumption of bounce from critical zone 11470-11490 went wrong so the choppy wave from 11461 to 11706 could be another corrective structure which is part of even larger wave.
NSE:NIFTYLong
by WaveTalks
159
Nifty - D-Street or Damaged Street-520 Points Fall-Elliott WavesTrading Strategy Safe Traders Buy above 11585 for Targets 11625/Above 11650 for 11775-11800 / Above 11800 for 11980-12000 / Above 12000 for 12100-12200 Risky Traders Look to buy in 11480-11510 zone with strict stops below 11460 for above mentioned targets as suggested for safe traders. --------------------------------------------------------------------------------------------------------------------------------------------- Last Video Idea --------------------------------------------------------------------------------------------------------------------------------------------- Budget 2019 Idea - H & S Pattern Failure at 11625
NSE:NIFTYEducation
by WaveTalks
31
Nifty - Budget 2019 -H & S-Pattern Failure at 11625 What is a trendline A trendline is a straight line that connects two or more price points. Extending this line into the future, it also acts as a line of support or resistance. There are two types of trendlines—the up trend and the down trend. Trendline Rule The general rule in technical analysis is that it takes two points to draw a trend line and the third point confirms the validity. Trendline can be a neckline / support line as explained in the Head & Shoulder pattern in current scenario. Trading Strategy Plan A Sell below 11930 with strict stops above 11975 for targets 11875-11890 Below 11875 – 11830-11845 Plan B Buy in the zone 11830-11845 with strict stops below 11800 for targets 11950-11975 Above 11975 – 12000-12050 Above 12050 – 12100-12125 Plan C Sell below 11775 with strict stops above 11815 for targets 11700-11625/11650 Below 11625 – 11500/11525 --------------------------------------------------------------------------------------------------------------------------------------------- Previous Ideas --------------------------------------------------------------------------------------------------------------------------------------------- 29th April 2019 - How will you sell - X-wave mission 15th May 2019 - We got Gartley M 11th June 2019 - Head & Shoulder with Right Shoulder at 12000
NSE:NIFTYEducation
by WaveTalks
39
Nifty - Can Right Shoulder Support Right Shoulder@11800Trading Strategy Support Zone 11775-11800 Once this zone holds we shall look for upside targets Target 1- 12000-12040 Above 12050 Target 2- 12125-12175/12185 Extreme Risky Traders Sell below 11750 for 11700 & Below 11700 for 11600/11450 -------------------------------------------------------------------------------------------------------------------------------------- Previous Ideas 29th April 2019 - How will you sell - X-Wave Mission 15th May 2019 - Before Exit Poll / General Election 2019 outcome@23rd May 2019 22nd May 2019 - Exit Poll or Exact Poll 11th June 2019 - Head & Shoulder at 12000
NSE:NIFTYLong
by WaveTalks
12
Nifty- Exit Poll or Exact Poll - Can History Repeat@2019Corrections over the video 11125-11140 as tops instead of bottoms Target of 11125-11175 instead of 12125 -12175 Most of The Exit Polls Suggesting Landslide Victory to NDA in Elections 2019 - Being Wave Analyst -I had drawn my conclusions when 10585 -Magical double bottom was formed in Feb 2019- Let us see what the next dawn has stored for India. This line will be remembered forever - "If 10585 - double bottom holds- Magic will be seen in next few months" --------------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy Plan A - Safe Traders Buy Above 11800 or Gap up for 11950-12000 Plan B - Holding Above 12000 for few mins look for 12125-12175 Plan C- Getting Resistance in 11950-12000 - look to sell if starts falling below 11950 for 11685-11700 Plan D- Selling below 11680 for 11400-11425 Thanks for watching the video & Don't forget to support --------------------------------------------------------------------------------------------------------------------------------------------- Click on Ideas 30th Aug 2018 - Revisiting Monthly Wave Count 5th Oct 2018 - Policy Push / Harmonic Push - Long Term Investors Long at 9950 22nd Jan 2019 - Nifty - Selling The Tops-10985 /H&S Pattern 6th Feb 2019 - Nifty - History Has The Answer- Careful Above 11050! 17th Feb 2019 - Nifty- Nation's Blood- Selling The Tops@11,117 9 Gave us most important level- 10585 9th April 2019 - Nifty-Elliottwaves-Let us make some wedges ( Idea which moved as per the plan) 29th April 2019 - Nifty- 29th April 2019 - How will you sell ? - X -Wave Mission (Head & Shoulder Idea which gave the bottoms@11109 15th May 2019 - Nifty - We got the Gartley M@11135- Explosive Gartley for 11425 & Magical Gap Up with Exit Poll
NSE:NIFTYLong
by WaveTalks
5
Nifty - We got the Gartley M@11135 Correction - Pardon for Saying 11740's as target for Auropharma at the end of the video- Target if 700 intact is 740/790's Thanks for watching the video. Don't forget to support the idea. ---------------------------------------------------------------------------------------------------------------------------------------- Five Leg Pattern Gartley - XA- AB-BC-CD-XD Standing above 11109 Lows. Pattern gets invalidated going below 11109. Target for Nifty 11280-11290 11350-11360 11400-11425 15th May 2019 - Amazing Trading Session - Both The Plans achieved for Nifty Index & Auro pushed to 737 from 709 (partial) as mentioned in video idea of Auropharma Last Video Idea on Auropharma (click below to watch the video)
NSE:NIFTYLong
by WaveTalks
5
Auropharma - Elliottwaves - Will It Repeat The Fall of 2016!!!Auropharma Profile Page at in.tradingview.com Note - Use Signature Field to put 3rd party links / website details / social media details which comes as a part of “Premium subscription” (Promoting 3rd Party Links apart from premium version –do check with the moderators as it could violate house rule ) Reach Moderators in.tradingview.com Pricing Details for TradingView Subscriptions at in.tradingview.com Trading Strategy Long Term Strategy Plan A Expect Explosive Move Upside -------Only Above 895-Double Top & Targets – 1200/1350/1600/1750 in next few years ahead Plan B Holding Below 895 –Double Top –Expect Downside Move & Targets – 697/700 620/630 500/525 Going Below 500 – We shall review later & we don’t deny downside targets of 450/350/250 years ahead. Previous Ideas 22nd Aug 2016 20th Oct 2016 13th May 2017 8th Nov 2017 1st June 2018 5th Dec 2018 Thanks for watching this video & Your Support ----------- “Don’t forget to support and share”.
NSE:AUROPHARMAShort
by WaveTalks
20
Nifty - The Power of M - Magical@11550Review of last Idea Plan A – achieved 80-90 points as discussed in the trading strategy of last video idea. --------------------------------------------------------------------------------------------------------------------------------------------- Power of M can be experienced in various forms. One of such form was visible in current structure in 11550-11570 zone as Bullish Bat Pattern Bullish Alternate Bat Pattern You can learn more about such patterns in Harmonic Trading Book Volume 1 & 2 by Scott Carney(Author). Trading Strategy Holding 11550-11570 as updated in status – it pushed in line & closed at 11600 mark. We look out for following targets 11675 11710 11760 11825-11850 Traders can plan to sell at the highs of 11675 / 11710 / 11760 but surely avoid selling if index moves above these levels as bulls could control the move. Hoping for new all time highs with 11550-11570 holding as support downside. Thanks for watching this video & your precious time.
NSE:NIFTYLong
by WaveTalks
Nifty-Elliottwaves-Let us make some wedgesAnalysis Done on Spot / Cash Data ----------------------------------------------------------------------------------------------- Status Update at 09:13 Hrs / 9th April 2019 Last Price@11598 Buy Close to 11550 – 11560 zone ( No Buying below 11550) ----------------------------------------------------------------------------------------------- Key / Critical Support & Resistance Levels 11550 (Critical support level Next) 11760 (Critical Resistance Level Next) Trading Strategy Plan A Buy Above 11600 for 11690-11700 Plan B Buy Above 11700 for 11750-11760 ( No Buying Below 11700 levels) Plan C Buy Above 11760 for 11825-11850 zone upside (New Highs for India Nifty) – Giving us 3rd leg in the wedge structure which is our assumption. Plan D Selling somewhere close to 11825-11850 once you get some resistance (be careful as it non chartered area) for downside target 11715-11730 Plan E Later Buying holding above 11700 for 11900-12000 Plan F Selling Later on New All Time Highs for Downside Target –close to voting day in Mumbai which happens on 29th April 2019 for downside target of 11310-11325 zone as suggested over the video. Plan G Buying in 11310-11325 support zone for upside target 11425-11475 Plan H Selling Also below 11300 for 11120-11150 & below 11050 for 10730-10785 ( Nation Strike’s Back Zone) --------------------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------------------------------------------------------- “Say Cheese” Moment for me in last few days 5th April 2019 RBI cuts repo rate again by 25 bps as it did last time in Feb 2019 & we were sellers close to 11117 Idea as published earlier – “History has the answer - Careful above 11050”- Result was fall to 10585 (Double Bottoms) 7th April 2019 Got the push to 11690-11700 zone & Selling was suggested below 11700 for 11610-11620 zone which got extended to 11550 (Critical support level Next) 8th April 2019 Fall Started with gap open & making 11710 new highs for the day- yesterday – 11550 is critical support level next. Thanks for watching the video & Your support. Enjoy The Markets.
NSE:NIFTYLong
by WaveTalks
6
USDINR - The Box Match@69.16Education & Trading Idea ------------------------------------------------------------------------------------------------------------------------------------------ Mankading Controversial Strategy Mankading has been discussed which is used at times to score a plus against your opponent and compared with similar box kind of strategy used in real time trading. The act of dismissing a batsman when bowler makes the bowling action before he could complete the bowling -non striker batsman leaves the crease & bowler removes the bail. This act is called Mankading & was named after legendary cricketer - Sir, Vinoo Mankad Latest Mankading act which I recollect was seen carrying out by famous cricketer- Chris Gayle in IPL & In Under-19 Cricket World Cup -West Indies V/s Zimbabwe where West Indies took the last quarter-final spot with a thrilling, but controversial, two-run win over Zimbabwe & finally winning Under - 19 World Cup. That's the power of Mankading. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Strict Stoploss - 68.00 Target 1 Zone - 71.50-71.80 Target 2 Above 71.80 72.50 Target 3 Above 72.60 74.50 Target 4 Above 74.50 Can it be Up Up & Away Thanks for watching this video.
Long
by WaveTalks
12
Auropharma-You don't Know-Fall@792 Wish you Happy Holi & May this festival bring lots of colors in your life!!! Education & Trading Idea Wedge Wedges are a multiple price wave reversal pattern. Wedges form when the waves of an asset move within a narrowing range, angled either up or down. When the pattern completes, and the price breaks out of wedge, it is usually in the opposite direction the wedge was pointed. This is why it is called a reversal pattern. Books on Harmonics Harmonic Trading Volume 1 & Volume 2 - Scott Carney --------------------------------------------------------------------------------------------------------------------------------------------- Trading Strategy ( All Analysis Done on Spot/cash data - Kindly Adjust Futures Data Accordingly) Plan A - Holding 770 lows - Traders can look to buy with strict stops below 770's. Can Expect Upside Push to 793-797 zone as upside target Plan B - Selling Later from 793-797 zone with strict stops above 805 (800 is key reversal level - 805 is critical reversal level) ------------------------------------------------------------------------------------------------------------------------------------------- Note - Safe Trader - Don't Take Sell as per plan B if it moves above 800 level Risky Trader - Can remain in Sell as per plan B as critical level is 805 This Idea gets invalidated once price moves above 805 level Thanks for watching the video.
NSE:AUROPHARMA
by WaveTalks
22
Nifty - Modified Bullish Alternate BatFirst Sell - Later Buy 12:56 Hrs / 31st Jan 2019 Last Price@10749 Do read the update carefully & manage your risk while trading. As trading derivatives is highly risky. Facing Resistance Above 10750 levels & Suggested in all the status updates that we shall be careful in 10730-10750 zone & holding above 10750 only we will look for 10790-10800 next resistance zone. Trading Strategy Plan A Below 10750 - We shall look for a fall close to 10585-10550 zone downside Plan B Buying Later if Nifty Halts in PRZ (Potential Reversal Zone ) - 10550 -10585 zone Plan C Harmonic Pattern is violated but we will plan to buy if 10525-10535 provides support for upside target 10750-10825 Plan D Plan to Buy close from 10500 if goes below 10525-10535 zone for same target upside as mentioned in Plan C above Auropharma - Modified Alternate Bullish Bat
NSE:NIFTY
by WaveTalks
NIFTY - Bearish - Correction WaveNifty index, has formed a bearish correction wave after the completion of the impulse wave that started at the end of the 2008 Crisis, pushing equities higher and higher. NIFTY looks to make lows at 9800 or even drift lower as time passes. With elections around the corner, it doesn't seem that impossible either. SO, keep your positions light and breezy in the market. Don't lever your positions, else, you might drift into losses. Shorting can be done on the basis of chart analysis at shorter timeframes like say, a 30 min or lesser.
NSE:NIFTYShort
by SchoolofMarkets