Short if goes below 23.6% retracement for targets of 61.8% go long if breaks 1260 due to double top formation for targets of 1600
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!!!
What's cooking in South Indian Bank?
Anticipating Havells India to hit 443.5 and retrace back to 425.89 and 399.58 in near future.
Gold’s Fall Take A Halt Close To 2305-The Choppy Trap-A Weekly Bullish Bias Gold Price Tracking US Treasury Bond Yields This week, gold prices have closely tracked the movements in US Treasury bond yields. The previous decline in gold prices has paused in 2285-2305 support zone amid a modest weakness in US Treasury bond yields. 18th June 2024 - Running...
Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? As discussed over the HDFC Idea Got an explosive upside move in Bank Nifty & pattern looks to be terminated downside with a...
Using anti Gartley pattern and target 1.272 almost gap
BUY - IOB CMP - Rs. 22 Target - 1: Rs. 30 Target - 2: Rs. 36 Target - 3: Rs. 46 . . . Technicals - 1) Bullish Gartley Harmonic Pattern. 2) Targets set using Fibonacci Retracement. . . Follow me for more!
Crudeoil important levels to watch are as follows #Support:6915 Sell below:6915 only on 15 minute candle closure below the level. Target 1:6850 Target 2: 6770 Target 3: 6670 #Resistance: 6965 Buy Above: 6965 only on 15 minute candle closure Above the level. Target 1: 7040 Target 2: 7090 #A bearish harmonic pattern has been drawn on the chart along with...
AARTI INDUSTRIES creating a wonderful opportunity for a LRHR trade setup with only one down leg pending. Considerable buying range is 450-440 with a stoploss of 425. The Double zig-zag corrective waves is in its final leg supported by a classic Gartley harmonic pattern and also a classic crab in DTF.
In this analysis, we will delve into the chart of HDFC Bank on a daily time frame and examine key indicators and patterns to provide insights into the stock's current situation. Notably, we will explore the presence of a potential black swan harmonic pattern, trendline support, RSI trendline support, and the stock's current RSI reading. Black Swan Harmonic...
#nifty:- Are we heading for an ATH in nifty? “Alternate Projections of the AB = CD Pattern Although the AB=CD pattern is a great set-up when each leg equals the other exactly, there are many situations where alternative Fibonacci calculations are required to clearly define the Potential Reversal Zone. Although there might be a clear pattern developing, it is not...
First thing first : This is a probability as the patterns are not yet completed ... On a weekly timefram we can see a H&S formation in process which is also the same in daily Timeframe. nothing much to say about that as long as we dont see one more bearish bar closing below. Coming to confluence in lower timeframes.. 1hr Timeframe. Crucial Pattern to look for...
BUY - DCB BANK LTD CMP - Rs. 106 Target - 1: Rs. 119 Target - 2: Rs. 127 Target - 3: Rs. 140 . . Technicals - 1) Bullish Gartley Harmonic Pattern. 2) Targets set using Fibonacci Retracement. . . Follow me for more!
indigo bearish gartley on weekly chart , on daily chart running between range in channel which act as flag and pole with runway gap (mean 1:1 target ) sell indigo below 1848 add more 1920 if get only closing sl 1945 above target 1720-1680-1515(close below weekly 200 ema @1679 )
Attached: BankNifty Weekly Chart as of 17th March 2023 A Bearish Anti Gartley Pattern had got activated in Bank Nifty on the 23rd Jan Weekly Candle Sell Off (Big Red Candle that caused a 5%+ decline) Since then there has been a follow up as Price continues to make Lower Highs and Lower Lows as evident in the Weekly Candles that have followed This Week's Candle...
Potential Bullish Gartley pattern identified. A Retracement zone of 0.7 was marked from the previous swing for the supply zone. If the D leg is tested with the fall and the price sustains above supply zone targets are marked with 0.382, 0.5, 0.618 levels of retracement of the CD leg.
Structural Analysis : We know that there will be minor patterns within the major pattern, In the above chart we can see there is this minor pattern which is a bearish gartley in formation. Though this pattern is not yet confirmed, we can anticipater the probabilities, only if the price crosses the level 17500, the target will be 18030 and this...