PFIZER LTDPharma sector seems to be ending bearish trend
and might reverse towards bullish move.
Pfizer showing Morning star pattern which is
reversal bullish pattern on a daily time frame.
Pfizer is also taking support of 200 EMA which is
again a bullish sign.
Do your own analysis before buying trade.
PFIZER
PFIZER - Mega Breakout AheadHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Cup Pattern in daily & Weekly TF.
* After Breakout of cup Pattern this can be re-test the resistance Level.
* It's Near Breakout of Resistance and trying to Break Resistance Zone But showing some Weakness in this week We need a good closing with good volume.
* Volume Accumulation (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
📊 #PfizerLTD Swing Trade Opportunity 🎯NSE:PFIZER
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Intraday Trade: watch for resistance breakoutbuy above 6110 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.