Breakout in HCL TECH*Flat Base formation & previous resistance breakout in HCLTECH.
*ALL target & support level mentioned in the chart.
Kinnari_prajapati
May some bull active here*Support taken from Fibonacci level.
*Support & Resistance level mentioned in chart.
Thanks for reading kindly let us know if you have any questions.
Price rejects from lower level*Reliance showing strength in lower level. We can take some risk at CMP and i am fully bullish above 2100.00.
*All Support & Target mentioned in the chart.
Thanks for reading kindly let us know if you have any questions.
ICICI Bank analysis If the Current price is forming an excess then price again will get attracted on the Gravitation Line .
Or there can be a Breakout !
So the price will start its upward Movement.
Will Rebound before going up !!!! #Chart is #SupremeWill Rebound before going up !!!! #Chart is #Supreme
JINDALSTEL, 5th Wave progression & 247(turning point) OR 268!As mentioned in the chart, the 5th wave is upward, which is progress and expected u-turn 247 and 268 for next level 220/202 to move.
JSWSTEEL, U-Turn 370 nearby utilized EW (30min.-TF)5th wave of (5) is not Verified But sellers are Active.
The strong resistance possessed 370 nearby which can lead the price for Target 330/297 That is determined by lower Band of the Parallel channel.
Check JSWSteel Bigger Picture EW analysis :
T-Bar(trade-executable) reversal zone, for SBIN!How to determine the target after T-Bar ?
By utilizing Fib. Retracement, target can 38.2% first and 61.8% second. There's also important how to ride your profit which depends on many factors such as trailing SL, Volume, etc.
Targets are 227.55 and 211.75.
My previous work on this stock :
SOLD: (247-249): - I have activated to sell in TimeLine Notification .
First posted pattern:
Advanced Harmonic Pattern on EURUSD?The price is already started for D ?
C can be on 0.886 or 0.786 or 1.13?
Hindalco coming under-pressure, Thirty sellers watching Hindalco
Today's high 228 which is not far from Thursday sellers .
The 235.2 (fib. ratio - 78.6%) nearby stops to moving price upward.
The upper band of the channel's hurdle at 231 which can push the price for " Gravitation Line ".
The "6" point of Gravitation area is 204 to 206 in range.
Anybody can recognize the Pattern on SBIN?The following parameters are measured:
"B" is less than 61.8%
2.61.8 BC projection @ 243
1.618 AB = CD at 237.5
1.27 AB = CD at 226
1.13XA retracement already done.
Reversal target can be utilized as 218 OR 226 ?
Reversal zone 243 or 237.5
The Precise 13096 number, 1.27AB = CD Alternate Harmonic!By the observing from left to the right-hand side for AB = CD and 1.27/1.618AB=CD most precise Potential Reversal Zones ( PRZ ) of alternate Harmonic Pattern.
The next important level for, Alternate 1.27AB = CD at 13096 can be used to determine other potential Reversal Points.
1.27 AB = CD 13096
AB = CD was at 12765 and the price slightly crossover it.
1) High Potential to win : (Selling Ran ge of NIFTY)
2) High Potential to win : (Selling level 13086 )
Below Links is my deepest research for you as usual.
Parallel Channel - Resistance Range 13003 to 13088 & "C" attractZoom In to verify the range of the channel.
Upper Band Poten tial Reversal Zone (PRZ) - 13003 to 13088
Parallel Channel's Resistance zone.
The "Control Price" will attract value towards it.
Previous work on the Same channel:
Important Ratio 1.13 @ 13084 (used Harmonic Pattern)Fib. Retracement start from 12441.75 to 7495.00 end for determing the nearest important fib ratio is 1.13 which is 13084 .
1.618 AB = CD at 10620
SBIN, target has been achieved, Pattern is still valid?From Reversal point "D" , the price has traveled as expect 226 and another 218 (low made 220)
Still valid pattern 238 and 243...
Look at Previous researc h:
Titan is not verifed for 3rd Wave...!Wave are going to be broad therefore, expecting 4rth wave expanding triangle.
Very soon, I will give you clear number on it.
The Break-Down Trade-Strategy with Wave Counting!Hello, Friends...!
How are you?
After a long time, I've used here Break-Down Strategy...
The Control Price is too far from the current price level.
The price is trading near the Value Low area which is near 11476 .
No Activity Zone is the upper side of the Control Price.
The Wave COUNTING: our wave counting direction is up-ward therefore, the price will take support shortly to move up-direction.
Thank you.
AB=CD at 12798 for NIFTY.This defined the 12798 area as critical short-term resistance. It is important to note that the stock reversed after the AB=CD completion point will test. Although the BC projection was an important calculation within the PRZ of the pattern, the completion of the equivalent AB=CD structure was the defining limit. The chart of the price action in the PRZ shows the near-perfect reversal just the PRZ at 12798 nearby expecting...
I outlined that important level is at 12798 a nd Terminal Bar will decide for reversal confirmation.
I have mixed use Breakdown + Elliott Modied Basic Rules...
Question for Harmonic Trader & Why price fired? BANKNIFTYQuick reversals from Bat pattern PRZs are quite common.
The mid-point "B" at exactly 50% retracement.
Alternate 1.27AB=CD pattern.
BC projection @61.8%.
The price quickly reversal seen after "D".
Question of Harmonic Trader/Analyst is ,
Bat Or Gartley?
Why did birth to this question?
- The Gartley Pattern required point "B "50% and 1.27AB=CD pattern required. In essence, One of the most important numbers in the pattern is the completion of point D at the 0.786 of XA.
- The Bat utilizes a BC projection that is at least 1.618 & the BC projection must not be a 1.27 but in this case, we have 1.27 AB = CD .
The Ending Diagonal in 5th Wave by Using Elliott Rules.In this research, I have relable on the Nifty and plotted Ending Diagonal .
This is my recent post and nifty triggered expected target 11900.
