long in cash target 3056 stop loss 2635
short for target of 1090 and keep shot as long as red dotted in not breached upside on candle close basis
bullish gartley completed at D now as the candle surpassed this d point now this must be supported so long with stoploss of lower trendline and first let candle close above upper trendline
in my last post I had suggested the importance of median line and had mentioned if it holds it may reverse. Bullish gartley did n't materialize as B was critical and nifty didn't violate that. As my last post was based on pitch fork I am sticking to that target 1 and target 2 are shown target 3 will be above that line in the chart. it appears we are in the 3...
harmonic pattern has been imposed on the pitch fork of my previous chart wick of green candle at B although extends to 78.6 percent the body closes above 61.8 percent next red candle also closes at 61.8 percent retracement of XA. AS such the reversal should takes place around D . It may extends little below it to coincide with 1.276 BD which is now around 1.13...
long for target 14920 stoploss 14801 on candle close basis trade at your won risk
follow stop loss will be 108. targets T1: 121 T2:131
as we can see bullish gartley has been completed on lower two yellow lines now for bullish crab pattern to kick in let good candle close above these lines for long target of upper yellow line good luck
long for target of 1224 after candle closes above upper pink line stop loss only 1207
stop loss 1011 target for long term is 1800 goodluck
This is bullish bat pattern looks very similar to the gartley pattern, with four disinct legs x-A, A-B, B-C and C-D * X-A is formed by a sharp price rise *A-B the price reverse again and retrace of the x-A *B-C leg see the price reverse again and retrace of the A-B * in the final leg C-B the price reverses and achieves retracement of the X-A. ...
target 702 let candle close above trendline first stoploss 631
The reversal point is shown in the chart. Given for study purpose
Nifty will test coming days before May 15-20 13800-850. This is an excellent buying opportunity for an upmove towards 15000 again.
long when candle closes above orange line target 14580
buy in cash for target 1635 stop loss 1600
target 15111 stop loss 14130 trade at your own risk market will be volatile