N50
Index reversed well from Bottom and now hovering at Resistance.
Half Bat Pattern & Gartley Pattern shows 17800 is PRZ (Possible Reversal Zone).
More the Index spends time below this level will be good for Buyers accumulation.
According to this theory, Index may spend within range for this Expiry.
Bullish gartley pattern completed on daily TF. Potential targets on reversal marked with Fib retracement of CD leg.
Also, a major demand zone is present at reversal levels. Stochastic RSI and RSI 14 indicate reversal too.
UNISWAP CRYPTO
A super triangle breakout @ ace point with trendline breakout and retested already.and also creating a gartley harmonic pattern @ bottom with morning star .also break and close above inside bar
buy above 6.961 add more if get @ 5.36 closing stoploss 4.697 below target 12-15
Sell TCS at cmp 3363 with small stop loss of 3425 target of short term target of 3200 .based on gartley bearish pattern and as the fibonacci level and mid term target of 3000.
it has formed bullish gartley harmonic pattern. it may retrace to 0.38%-0.50% of point CD. also it has taken support of 200EMA.
view negated below 4369 on closing basis.
KOTAK BANK SPOT CMP 1957
HARMONIC STUDY
TIME FRAME :- 240 MINS
Pre assumption of harmonic Gartley pattern formation,
Where leg C might max extend upto levels of 88.6% of wave AB
At the moment counter have reached the max retracement levels,
So leg C might mature around cmp level to levels of 970
And soon led D might unfold which would lead the counter to much...
Bearish harmonic gartley pattern formation
daily time frame
reversal confirmation below 1625,,
view is only valid if counter closing velow 1625 levels
dont trade without hedge,, with option
as due to new outflow counter is too much volatile
lets see whats in store,,
its conditional view need confirmation of reversal..
wait for the confirmation for view to get activated
BTC broke out of the range and currently trading above the VAH. My ideal scenario would be range between 19.8-19.9k & 21k before pushing towards high confluence zone around 21.7k (weekly + 0.786 + high volume node of the drop + fib channel extension) for a swing short. This is in confluence with my on going Gartley Harmonic on dxy. If it comes down to around 19.8...
Indiamart forming bullish Gartley in hourly timeframe.
Also, stock seen to have a bullish RSI divergence. Looks like a good buy
Entry - cmp
stop loss- 4409{day closing}
target - 4922,4951,5140,5236
happy trading = happy profit,,,,,////
By analysing previous week , we can see NIFTY managed to keep above 16000.
Also 16000 is psycological level .
if NIFTY going to sustain above it ,
We can see resistance at 16180 ,16495.
& on downside there will be supports 15900 , 15710.
Also , Gartley and & Bat Pattern shows some PRZ zones.
The stock appears to have bottomed out at the 78.6% retracement which lines up with trend line support and end of AB=CD pattern.......stock moved up 10% with high volumes signifying heavy buying interest....Stock is forming a gartley pattern which can take the stock to 248 level in the days to come.....
Buy small initial quantity and add more as it moves up..
Stock reached the confluence support of yellow channel, white pitchfork median and a strong horizontal S&R.........I see this as the C point of a gartley pattern..........likely target 629 which incidentally coincides with the yellow channel median....which again is a confluence..
N.B. This is a positional idea.....can take time to materialise.....any fall can be...
