Low risk Trade with GOOD RR ratio !There are multiple supports at current level suggesting a good possibility of emerging buy so one buy the stock as mentioned below.
Entry 88.65
SL 86.40
Target 94.50
RR ratio 2.50
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Pitchforks
Rectangle & PF setupPerfect Rectangle offers short term trade which could easily drag the price to 1310/1270 level. One can also wait for the stock to breakout from the pattern and continue with the trade.
Disclaimer : All ideas and comments are my personnel view. please take financial consultancy for trading decision.
Nifty 50 Weekly: Bounce off the Support LineThe Nifty 50 index bounced off the lower parallel of the Wyckoff reverse-trend-channel. Here is the chart with pitchforks. Notice how price bounces off the first warning line of the green pitchfork.
Outlook is bullish for the Nifty as long as the recent lows are not violated...
KRIDHAN INFRA-BAT ACTION MAGNET MOVE ON FUNDAMENTALSThe core technical concept that the potential gartley can fail structure and fall into a extension pattern is being developed on the fundamental analysis ....i will mentioned an example of such a failure of structure a little later in this description..
I expect the RSI BAMM trigger to activate at the potential reversal zone of the crab...
It is prudent to understand this is a bearish structure in formation on the back of expectations and discounting...
Perfect bubbles for compounding returns...
updates of kridhan infra used for this analysis can be found in the following links..
Kridhan Infra Limited wins order worth INR 1,340 million in Singapore.
www.bseindia.com
latest investor presentation..
www.bseindia.com
dec investor presentation introducing VNC orderbook and potential
www.bseindia.com
Press Release announcing that Kridhan Infra Limited acquired 41.47% stake in Vijay Nirman Company Private Limited
www.bseindia.com
This idea is in addition to the previous once discussing the possibility of formation of a gartley based on fundamentals
if anyone is interested anout the fundamentals of this company, you can view this thread which we are a part of..
forum.valuepickr.com
Disclaimer...2nd larget holding in my PF..This are completely my personal views
Not an investing/trading recommendation
Example of a BAMM morphing in cryptocurrency...
KRIDHAN INFRA-BAT ACTION MAGNET MOVE ON FUNDAMENTALSThe core technical concept that the potential gartley can fail structure and fall into a extension pattern is being developed on the fundamental analysis ....i will mentioned an example of such a failure of structure a little later in this description..
I expect the RSI BAMM trigger to activate at the potential reversal zone of the crab...
It is prudent to understand this is a bearish structure in formation on the back of expectations and discounting...
Perfect bubbles for compounding returns...
updates of kridhan infra used for this analysis can be found in the following links..
Kridhan Infra Limited wins order worth INR 1,340 million in Singapore.
www.bseindia.com
latest investor presentation..
www.bseindia.com
dec investor presentation introducing VNC orderbook and potential
www.bseindia.com
Press Release announcing that Kridhan Infra Limited acquired 41.47% stake in Vijay Nirman Company Private Limited
www.bseindia.com
This idea is in addition to the previous once discussing the possibility of formation of a gartley based on fundamentals
if anyone is interested anout the fundamentals of this company, you can view this thread which we are a part of..
forum.valuepickr.com
Disclaimer...2nd larget holding in my PF..This are completely my personal views
Not an investing/trading recommendation
Example of a BAMM morphing in cryptocurrency...
A POTENTIAL STEADY FUTURE COMPOUNDING GIANT IN TROUBLE - CDSL I will soon do a complete fundamental analysis on CDSL on valuepicker and post the link to my thread here in the updates..
interested investors can track that or further charts in future which will be intermixed with fundamental analysis..
Here there is a potential extension harmonic pattern in formation- the bullish crab pattern, which is a very accurate and strong reversal theme in the charts...
I expect some good news about the kyc business will cause the extreme reversal from the potential reversal zone of the harmonic....
fall in the bond yields also should correlate with the structural reversal and a similar picture is there forming in the bond market...
with more interests in indian equity market from the domestic inflows, this company should continue enjoy the scenario and provide with sustainable cashflows form operations..
Even if the kra business is jeopardized, i am not concerned with loss of cash flow, as i am already discounting in such a 15% revenue loss in my price projection....
The current tension involving this vertical is just giving the opportunity to bottom fish this company at a attractive pricing...
Although the business has no pricing power as such and its pricing is tightly regulated, which in fact a downside to this nature of service sector company, i believe the amount of dematerialization of financial products that is due in coming times is massive , let alone the runrate at which the DPs are adding new demat accounts every year, is enough for sustained cash flows ...
i will discuss the exact numbers and fundamental analysis after completion of my equity research on this company...
bottomline - not a multibagger in making , but a sustained good cagr producing company to my eyes...
Disclaimer.. not invested, researching at present.. not an investing/trading recommendation....
Potential bullish pattern in the national pairthe scenario is applicable only if the current price level is breached with is at pivot (sorry for the fine green line just above the current price candle), otherwise it wont go so deep and shall enjoy the reflection from the kumo green support cloud...
the reversal point of the forming bullish bat is also coinciding with the S1 support level of the traditional system
Disclaimer..No active trading...Not a trading recommendation
A "potential" bearish structure lurking for the coins?A bearish cypher in formation along with extreme bearish harmonic impulse @886..
The patterns are wonderfully following pitchfork price magnet theory..
The potential reversal zones of the bearish cypher perfectly matches the longer term Crab structure which propelled this upmove(shown later)
And both the PRZ and the Limit for the extreme brearish harmonic impulse match the inner and outer margin of the ichimoku kumo cloud...
Disclaimer... no trading, no cryptocurrency in possession at present,,Not an investing/trading recommendation
A long shot but might be a sling shot...the pink and the grey projections are a part of extreme bearish harmonic impulse
The decision point will talk which pathway this will follow..
if the decision point breaks with the breach of 1.618 level then the median line of the pitchfork is going to price magnet the fall..As a reference, i have taken the pi number to be the bottom... if the correct bounce happens on the upside, the impulse will top out at 1.618 to 2.24 level as marked a 2 option..
harmonic impulses dont have a lower cap on the fall, so i will just take for the sake of demo i am taking the present downtrendline will be retested ....
as a further guide there is a huge bat that is forming, and the bottom should be at the decision point of it, but since it is too loose a structure i dont assume it to give the correct impulse., but still, the present harmonic impulse also matches the bearish bat's PRZ as 1.27ab=cd and ab=cd...
the current down arrow is the logic for completion of the impulses i am workingg with along with a massive divergence in 4hrs chart.. which i m updating below
Disclaimer.. not an investing/trading recommendation... not active trading at present... no cryptocurrency in possession at present...
this in Not a time line considered analysis approach
The news bubble to a Bear gartley formationFor details about the fundamentals of the company can be accessed in this wonderful discussion we are a part of ... forum.valuepickr.com
Disclaimer...invested since august 2017 and averaging up and currently 2nd largest holding in my Pf ... This is not an investment/trading recommendation