BUY ATUL AUTO AS PER THE RED LINE AS STOP LOSS. IT IS ON HARMONIC SUPPORT.
In The First Idea Shared There Was A Typo Error For A Broader Range Nifty Support Zone Is 13770-13820. As We Can See Market Is Falling Slowly And Steadily . As Per Our Harmonic PRZ Nifty Will Bounce From 13820-13805. For A Broader Range Nifty Support Zone Is 13770-13820. Below This We Can See A Good Correction In Our Market. Book Your Short Position Near 13800....
Education Purpose Only
SCI forming Bearish Butterfly Harmonic Pattern and can fall to 200 EMA.
Heromoto might show a come back as Bullish Harmonic Pattern formed. Auto Sales numbers for March due. Target could be 3050-3100
it has formed AB=CB harmonic pattern. it can retrace to 0.38%/ 0.50% till it holds recent swing low
it has form AB=CB harmonic pattern. stock can retrace till 0.38%/0.50%
We told follow horizontal line. We drawing a buy pattern. Now you see already tp first 10.19 ✓✓
XABCD PATTERN FOR CHFZAR. Follow the horizontal line.
Only for educational purposes BANKNIFTY made bearish crab harmonic pattern Price goes up then short
As you can see, weekly charts did gave reversals and it created a support near the marked green zone. It is still in the reversal zone and it will be interesting to manage this trade. Hope the views shared helped trade on both the side of the stock.
The move came very fast till 700 levels. Interesting to watch the 710 CE & 690 PE for straddle. Continue to maintain the bearish stand on Tatasteel
Well here is a view on BNF Weekly charts. Though we are eyeing the BNF reversal, but based on the 4 points pattern the possibilities of the numbers in 32450+ and 33500 cannot be denied. This levels justifies the pending levels in HDFCBANK and ICICIBANK Charts. Historic resistance channel lower end has been take out as of now.
Here is a view on Monthly Chart. We are expecting the stock to hit some resistance around 2450+ however based on the weekly view already shared, we cannot deny the possibilities of it hitting 2550+. So stay cautious and limited on your investment as it has to close positively above 2650 to go heavy on this stock.