potentialreversalzone

falakshayaan16

Once the stock closes over 190 it may look to test the higher levels, it even has the potential to go past the all time high levels. Rerating lies ahead of this stock so a strong buy is recommended once it fulfills the conditions.

jjthomas94

NSE:KEI has taken support around the Harmonic PRZ & Trend has reversed. After a sharp fall, price formed a Double Bottom Pattern & near Breakout. If it breaks above 350, expecting a 10% up movement

jjthomas94

Expecting TVC:USOIL to go for a sharp correction. Harmonics 4-point & 5-point pattern helped identify a Potential Trend Reversal Zone, where bullish movement may end & trend may reverse. Got a terminal candle confirmation in the PRZ. Also, in a broader view prices formed a Broadening Wedge Pattern (a-b-c-d-e wave structure) which might possibly be...

jjthomas94

NG may turn bullish if it takes support in this PRZ. With proper confirmation we can go long, else if pattern gets violated; GO with the existing trend. Updated previous charts PRZ, as it was violated.

jjthomas94

Taking support around the PRZ of the Bullish Shark Pattern. Expecting a trend reversal from these levels.

jjthomas94

Took support from the PRZ. Expecting good upmovement.

jjthomas94

Trend reversal after taking support around the PRZ. Expecting good upside after price breaks 38.2% resistance level the coming day.

jjthomas94

Price has broken previous high & moving upside strongly. Expecting a +10% movement.

jjthomas94

Stock may face correction upto 2100 levels, and then expecting a Bullish trend reversal from PRZ.

jjthomas94

Stock currently taking support near the PRZ & expecting a trend reversal in the coming sessions.

jjthomas94

If price starts consolidating in the PRZ, Expecting a correction movement. If PRZ is broken by strong Price Action in the coming day, go long.

jjthomas94

Expecting price to consolidate in the PRZ region and go for a correction. Possibilities of a Bearish Wolfe Wave formation exist.

Bravetotrade

In my previous post on Nifty I observed that we are in a possible wave iii of the larger 5th. See below... We have been correcting from the 'double up' level mentioned in that post and a casual look at the chart has been yelling the beginning of wave iv. But a deeper EW count has been telling...

safri

Hello Traders, We have observed bearish Garltey pattern on Sun Pharmaceutical Ltd daily chart. We expect price to resist in PRZ and reverse. Here, PRZ is made of AB=CD, 0.786XA, 1.27AB, and 1.27BC Fibonacci ratio confluence. This potential trade setup has a risk/reward ratio of 1:1.1 for target-1 and 1:1.8 target-2. Happy Trading!!!

safri

Hello Traders, I have spotted Bullish BAT pattern on NTPC. Potential Reversal Zone (PRZ) is highlighted on the chart. This time, we have little wide PRZ. It is made of 1.27AB, 0.886XA and BC Fibonacci ratio confluence. Once price enters into the PRZ, one can take a long entry. This potential swing trade has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.3 for...

safri

Hello Traders, I have observed Bullish Gartley Pattern on AUROBINDO PHARMA. It look price soon will enter Potential Reversal Zone (PRZ). Here, PRZ is made of 0.786XA, AB=CD and 1.27AB Fibonacci ratio confluence. This potential trade has a risk/reward ratio of 1:1.2 for Target-1 and 1:2 for Target-2. Follow this idea for further updates. Happy Trading!