INDIAN MARKETS AT CRUCIAL ZONE
CMP 19740
current trend is negative we can SHORT with 19850 CBSL
--------------------------------------------------------------------------
SUPPORT RANGE 1-- 19640---19660
small reversal can be seen from here
below it weak till SUPPORT RANGE 2
--------------------------------------------------------------------------
SUPPORT RANGE...
INVERSE HEAD AND SHOULDER PATTERN IN M&M
cmp 1591
any close above 1600 will be considered at pattern breakout for...
1625 / 1650 / 1675 / 1700
Sl can be 1580 closing basis
---------------------------------------------MAJOR RESISTANCE 1600-------------------------------------------
if could not sustain above 1600 one can short for
1575 / 1550 / 1525 / 1500
Sl...
BalkrisInd is placed at a very interesting price point. Currently trading at its supprt of 1900; there has been a formation of Cypher Harmonics Pattern.
If the pattern sustains, there is an opportunity to gain 25% upside while risking only 5%.
Will you take that chance?
P.S. - I already have !!
Copper trading at the 3rd line support of diagonal pattern, also has strong support at 670 zone,
Expecting buyers to hit 780-800 in case of correction and if in case of new trend …price ll rally to 950+.
All the level marked. This is based on Fibonacci calculations (Harmonics ) ...C point of XABCD pattern cannot be predicted ,but trying to generate a best probable view.
For educational purpose only.
This idea based on Harmonics it will be valid only if market open nearly flat .however a gap down is expected.
All the levels are marked.
For learning purpose only.
This idea based on Harmonics it will be valid only if market open nearly flat .however a gap down is expected.
All the levels are marked.
For learning purpose only.
Can IRCTC forming this pattern on Daily Candle.
Classical harmonics pattern formed on Daily candle
perfect reversal on Fibo level from Swing high to swing low.
Hello traders,
Banknifty has again gave a closing above a very major level.and currently at 61.8 level. Next trading will be based on this
1. If market opens in between yesterdays high and low and breaks 36610 then take call position for a target of 37300 with sl of 36350. Contrary if if breaks 37350 then take put for a target of 36000 with sl of 36400.
2. If...
Reason for long
a) bat harmonics long and one need to enter and exit only at prescribed zones in order to be disciplined.
b) valid for only 12 trading days and double bottom
c) volume profile zone indicates the point of control above the buy zone and this indicates the a sharp reversal is possible at that zone.
Target 5% with 5% as SL in one week
Hello traders,
Nifty and banknifty both have shown some bullishness yesterday. But still we will not go totally bullish because nifty has to close above 17620 to enter bullish area.
1. Nifty is currently seems to be travelling in a parallel channel in 5 min time frame. Please draw this channel in your portal. Nifty has closed right on the centre dotted line. If...
