Hello & welcome to this analysis Nifty in the hourly time frame has activated a Bearish Harmonic Alt Shark with the sharp drop since opening bell today. Now its gone onto make a Bullish Harmonic Reciprocal ABCD, however, since the drop was very sharp and its yet to do 38% of its minimum expected retracement, a confirmation for this bullish reversal will be once...
Hello & welcome to this analysis Stock has entered into the potential reversal zone of a Bullish Harmonic Gartley. As long as it does not break below 98 it has the medium term potential to retest 160-250 and then maybe more. Since this is a monthly time frame pattern, its more of an investment idea than a short term trading one. Happy Investing
Hello & welcome to this analysis The stock after seeing a 90% retracement from 2017 to 2020 and see a strong rally, recently going past its previous ATH made in 2017. It has resistance around 145 with possibility of strong upside above it and support at 100 and below that near 75. Happy investing
Hello & welcome to this analysis Index has made a bullish Harmonic Reciprocal ABCD today in daily time frame. As long as it does not break below 20350 it could retest the upper trendlines at 21100 - 21400 Regards
Coromandel Future broke above descending channel pattern on an hourly charts with decent OI, also on the verge of breaking past butterfly 🦋 pattern (1111). Buy at CMP add more above 1111 with mentioned stoploss & target. R:R = 1:4 Not to be missed
Hello & welcome to this analysis HANG SENG is entering the PRZ of two bullish Harmonic Trading Patterns in the monthly time frame, Cypher and Butterfly. The index has been in a downtrend since 2017, the potential reversal zone is between 14450-13950 would also coincide with a probable parallel channel starting from 2008. In India the Nippon India ETF Hang Seng...
Hello & Welcome to this analysis Stock has entered in the PRZ of a Bearish Harmonic Bat Pattern in the monthly time frame suggesting a retracement 135-115. The pattern gets negated above 188 - X pt of the pattern. Since this is a monthly structure it could see a longer period of consolidation before it either does a distribution and dips down or after a...
Hello & welcome to this analysis The index saw a super duper reversal from a Bullish Harmonic Bat in end October near 4100. Now it has an immediate resistance coming up near 4600 where we might see some consolidation, above that it enters into the PRZ of a Bearish Harmonic Alt Shark near 4650 which could trigger some profit booking. From 1 harmonic pattern...
Hello & Welcome to this analysis GIFT NIFTY 4 hourly chart in the PRZ of two bullish Harmonic Patterns - Alt Bat and Crab. The Alt Bat gets negated below 19200 while the Crab gets negated below 19150. Sustaining above 19350 the probability of a rally/bounce would be high. Regards
Hello and welcome to this analysis Maruti has been a rank outperformer now for 2 decades. Stock has currently reacted to a resistance suggesting probability of some more pullback. Overall stock has tremendous potential for further upside over medium to long term. Investors could look at an opportunity to add via SIP in the broader range 9500-11000 while traders...
Hello & welcome to this analysis S&P has entered into the PRZ of a Bullish Harmonic Gartley pattern. A bounce/reversal could be expected as long as it does not breach below 4375 Regards
Nifty can be sold near 20085-95 zone with 20112 as stop loss for 19870 & 19770
BUY - RAJESH EXPORTS CMP - Rs. 523 Target - 1: Rs. 769 Target - 2: Rs. 1015 . Timeframe - 4 months - 8 months . Technicals - Bullish Snorm Harmonic Pattern . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Hello and welcome to this analysis The index has formed a Bearish Harmonic Deep Crab in the weekly time frame. It is currently in the PRZ zone of 9050-9400. As of now its not showing any sign of weakness. If it starts sustaining below 9050 the bearish structure would get activated for 8600/8250. There is resistance between 9200-9250. One should wait for...
BUY - IOB CMP - Rs. 22 Target - 1: Rs. 30 Target - 2: Rs. 36 Target - 3: Rs. 46 . . . Technicals - 1) Bullish Gartley Harmonic Pattern. 2) Targets set using Fibonacci Retracement. . . Follow me for more!
PIIND on daily chart has formed harmonic pattern and has potential for bullish run now. Stop Loss on closing basis - 2899 Target 1 - 3289 Target 2 - 3630 Target 3 - 3698 If target 3 is achieved then 4051 is next target after retracement.
Hello & welcome to this analysis In the daily time frame it has now come to a falling trendline resistance which has also activated a Bearish Harmonic Reciprocal ABCD pattern. Coincidentally, the swing low was also formed with a Bullish Harmonic ABCD pattern. A retracement from here could take it to 102.75 and below that 102.15. The pattern would be considered...
BUY - BIRLA CORPORATION CMP - Rs. 921 Target - 1: Rs. 1239 Target - 2: Rs. 1454 Target - 3: Rs. 1615 . . Comment: Target - 3 will be achieved in the long term. . . Technicals - 1) Harmonic Pattern - Anti-Crab 2) Targets set using Fibonacci Retracement. . . Follow me for more!