Bank nifty - Harmonic pattern Analysis is as shown on the chart
This is for educational purpose only
Harmonictraders
Nifty - Harmonic pattern Nifty analysis is shown on the chart.
This is my view and for educational purpose only
NIFTY may experience a small correction A harmonic chart developed at the closed price area
A temporary bearishness may develop
#KOPRAN Weekly LongGroup A Harmonic Pattern
Weekly RSI near 30
Wait for RSI CO and reversal candle in the PRZ
#JUBLPHARMA Weekly LongGroup A Harmonic Pattern
PRZ near trendline support
PRZ activated
Wait for retest
Weekly RSI near 30
#CIPLA HarmonicsCipla has given breakout from its supply zone and XABCD is activated. A good opportunity to go long.
#LUPIN INDUSTRIES HARMONICLUPIN is in downtrend and a possible trend reversal can be smelled. A good buy is at CMP or after a pullback on the demand zone.
Natural Gas Retraced near 61.8% !!!!A bearish Harmonic chart presented for the study purpose.
The chart gives the retraced picture.
Reached very near to the Golden ratio.
To show the accuracy of the chart
ZEEL LONG-SWING TRADINGZEEL on weekly time frame show good sign of up movement
ZEEL buy above 260
stop loss -229
target- 343
mid term holding
INDIAN OIL CORPORATION - swing tradingbuy above 73.50
stop loss-70.45
target 77.50/79/80
short term holding
***sustainaibility is very important
GAIL INDIA- long-swing tradingbuy at 136
target 163/170
stop loss 124 NSE:GAIL
short term/mid term holding
Nifty 50 Declining phase Harmonic Analysis Tried to capture the current decline phase of Nifty50 index. Share your views if you have any doubt.
BANKNIFTY HARMONIC TRADE SET UP Hello Friends,
Here is #BANKNIFTY TRADE SET AS PER #HARMONIC BAT PATTERN We can short Bank nifty near 35089 to 34849 with stop loss of 35895 for the Target of 34126-33425.
Happy Trading.
Radico Khaitan: Possible Bearish BATExpecting the stck to react sharply in the PRZ (955-993). Wait for proper bearish price action for trend reversal confirmation.
HDFC LIFE HarmonicHDFC LIFE is in a critical stage. In DTF after a sharp correction it has stopped making new low and started higher low formation. In last 4 days it has gone through a major correction. If it closes below 537 in DTF then ABCD will be activated and it can correct upto 501–495, which could be a good point to go long for the stock. RSI in DTF is close to the 40 mark support indicating a strong bounce back. In that case XABCD will be activated and the first target is 617 and second target is 690.
Nifty 0.5 Bearish ChannelNifty moving in Bearish 0.5 channel and if it crosses 16275 then final leg of the Elliot impulse wave should be completed since ABCD will be activated. This signals a major possible correction in Nifty from around 16400 level.
Nifty 7th July ExpiryHere we have analysed Nifty50 index in 4H TF. If it breaks 16511 then XABCD will be activated and we can again come back to 15200 level. On the higher side 16600 to 16500 will act as a strong Demand zone as it has multiple strong PRZ there. Nifty can only recover if this range is respected.
Aarti Industries AnalysisAarti industries is a fundamentally strong bullish stock is in the best possible correction zone following the three drive pattern. As per my analysis this is the best time to buy as it is near 1.618 retracement phase.
Nifty Analysis For 7th July Expiry Week In DTF and WTF Nifty is in retracement phase. In 15 min timeframe one can observe a Hidden Bearish divergence in RSI. Hence I am expecting a trend continuation. But the question is how much retracement can we expect? To answer this I have used harmonic ABCD pattern to find the PRZ, which will be activated if and only if Nifty sustains above 15930. Then one can play a long upto 16000 as it is always a psychological support. If nifty breaks 16000 then it will be facing a strong supply zone because of harmonic PRZ highlighted in the chart. I want to consider a short from the PRZ for the best Risk to Reward(RR).
Reliance G2 Bearish Shark PatternAfter Long Upward momentum Reliance has fallen from PRZ Region by more than 100 Points. In Previous chart we got Hit Stop loss and could not enter. Lets wait for another target.
CIPLA TRADE SET UP #ciplaHello Friends,
Here is Trade set up in CIPLA as per HARMONIC BAT PATTERN, We can enter in Cipla above 911 for the Target of 972 and 1014 if price go below 860 this set up will not valid.
Happy Trading.
