POTENTIAL BULLISH BAT- SWING TRADE SETUPHey,
A potential bullish bat is near its D leg completion & it may be a good candidate for next week for swing long trade.
Trade levels highlighted on chart.
let the price hit Potential reversal zone (PRZ), watch price action on lower time frame before go long.
Trade with care
Gulz
Harmonictraders
Bearish Harmonic Cypher @ 178.5 _ KARNATAKA BANK 15 MinsHi,
A Bearish Cypher near completion on 15 mins chart of KARNATAKA BANK.
Trade levels are as follows - Wait for price to test the Potential reversal zone & watch price action before making entry.
ENTRY ( PRZ Completion) : 178.5
TARGET 1 : 175
TARGET 2 : 172.9
STOP : 182.3
Trade with Care
Gulz
DUAL TRADE SETUP - POTENTIAL HARMONIC BAT Hi,
A Potential bullish BAT pattern under formation on 60 mins chart of PNB.
Price broken higher time frame (4 hour) trend line & inching down, which gives us an excellent risk/reward short setup (BAMM move form B leg to D leg).
Trade levels as follows.
TRADE 1
( BAMM MOVE) - SHORT SETUP
ENTRY 147.5 or below
STOP 148.6
Target 143.8
Risk/Reward : 3.4
Once the pattern completes D leg, we will have a long setup based on the price action.
TRADE 2 - LONG SETUP
ENTRY 143.8
STOP 140.7
Target 1: 147.5 (38.2%)
Target 2: 149.8 (61.8%)
Trade with Care
Gulz
Excellent Risk/Reward Swing Trade Setup - BankBaroda - 60 MinsHello Traders,
Here, we have an excellent harmonic trading opportunity on Bank of Baroda hourly chart. Bat Pattern has already completed with deep D leg completion. Price action has formed double bottom with bullish divergence on RSI. Long entry can be made @ CMP.
Trade Levels:
Risk/Reward: 1:4.8
Entry: 167.50
Stop: 163
T1: 181
T2: 189
Good Luck!!!
PS: If you like our ideas/analysis, please like/share them and keep us motivated. If you have any queries, please free to write them in comments. Thank you.
Intra/BTST Trade Setup: Bullish Gartley on Bank of India @ 136.8Hey,
A Potential Bullish Gartley near completion on 15 mins chart.
Trade levels detailed on chart.
ENTRY : 136.8
TARGET 1 : 138.4 ( 38.2%)
TARGET 2 : 139.5 (61.8%)
STOP : 135.7 (standrad)
Considering Stop below 135.4 would be beneficial as its below the trend line. " PLAN YOUR TRADE, TRADE YOUR PLAN"
Note : RSI already entered into oversold zone.
Trade with care,
Gulz
Harmonic Trade Opportunity - LT - 60 MinsHello Traders,
Here we have Larson & Toubro with a bb]Bullish Bat on hourly chart.
Excellent opportunity with over 1:2 risk to reward.
Trade Levels:
Entry: 1696
Stop: 1656
T1: 1748
T2: 1780
Good Luck!!!
PS: If you like our ideas/analysis, please like/share them and keep us motivated. If you have any queries, please free to write them in comments. Thank you.
Trade setup for June 12 - HINDPETRO - 15 MinsHello Traders,
We have spotted bearish Cypher pattern on Hindpetro 15 mins chart. RSI is already into overbought zone. Traders may enter short once price hits our entry level.
Trade Levels:
Entry: 541.90
Stop: 547
T1: 537.35
T2: 534.55
Good Luck!!!
PS: If you like our ideas/analysis, please like/share them and keep us motivated. If you have any queries, please free to write them in comments. Thank you.
Trading Opportunity for June 9 - BEML - 15 MinsHello Traders,
We have spotted a bearish Butterfly pattern on BEML 15 mins chart. Price has already entered our PRZ. Here, PRZ is made of 1.27AB=CD, 1.27XA and 2BC Fibonnaci ratios.
Trade Levels:
Entry: 1280-1283
Stop: 1293
T1: 1262.70
T2: 1250
Good Luck!!!
PS: If you like our ideas/analysis, please like/share them and keep us motivated. If you have any queries, please free to write them in comments. Thank you.
Bullish Cypher : Intraday long setupHi All,
A Bullish Cypher pattern spotted on BEL chart which may give nice intraday oppurtunity.
5 mins chart is giving more insight for the price action with RSI divergence.
Trade levels ( also mentioned on chart)
Potential reversal zone : 171-170.8
Stop : 168.9
T1 : 173.2
T2 : 174.65
Trade with Care,
Gulz
Double Harmonic Trading Set-up for June 5- CANARA BANK - 15 MinsHello Traders,
We have spotted double harmonic trading setup on Canara Bank 15 Mins Charts. Price action has formed bearish Cypher and bearish Gartley patterns. Gartley is very near to its completion whereas Cypher pattern is already active.
Trade Levels:
Entry Zone: 360 - 363
Stop: 366.70
T1: 353.75
T2: 350.10
Good Luck!!!
PS: If you like our ideas/analysis, please like/share them and keep us motivated. If you have any queries, please free to write them in comments. Thank you.
Potential Bearish BAT with RSI Divergance , UPL 60 MinsHi,
A Bearish BAT completed on U.P.L LTD hourly chart.
Price is moving upside through a rising trend line ( both daily & hourly RSI showing strong divergence with current trend).
Let price break the trend line to make entry -
Trade with care.
Gulz
Trading Opportunity for June 1 - JETAIRWAYS - 15 MinsHello Traders,
Bearish Cypher pattern is completed on JETAIRWAYS 15 mins chart. There is a high probably trade opportunity here. I will wait for RSI to go overbought to enter short trade.
Trade Levels:
Entry: 480-482
Stop: 496.50
T1: 465.50
T2: 455
Good Luck!!!
Trading Opportunity for 31-May-2017 - TVSMOTORS (15 Mins)Dear Traders,
We have a bearish harmonic trading setup on TVSMOTORS - 15 Mins Chart. Bearish Gartley pattern has almost completed. My criteria for entry would be retest of PRZ and overbought RSI.
Trade Levels:
Entry: 544.50-546.50
Stop: 551.65
T1: 538.70
T2: 544.50
Good Luck!!!