According To Harmonic Pattern in Long Term The trend of bank nifty is positive and price may reach predetermined position on time for Covid recovery and vaccine. Bye Bye
Reliance is going to have a reverse trend around 1634. So till that point, it is going to be a downtrend for RIL. Entry can be possible at the current level with an SL of 2100 and the 1st target of 1888 and final target 1634.
This is a followup idea from previous analysis shared earlier, all relevant levels and comments marked on chart. Wave Analysis, Parallel Channel, Fib Extension, Elliot Wave theory, Harmonic Patterns Like and share the idea if you like it
BULLISH HARMONIC PATTERN IN TATA CHEMICALS LTD.
It will reach 1450 and then downfall will come Sell = 1450 target = 1300 and 1250 Stoploss = 1520 It is confirmed by channel and harmonic pattern. Education purpose only
FULFILLMENT OF BUTTERFLY HARMONIC PATTERN - IF RESPECTED CAN GIVE FALL IN SCRIPT LETS WAIT N WATCH ACTION NEXT disclaimer - for study purpose only.
Harmonic pattern in Reliance Buy @ 1847 Target = 2100
DOWN MOVE EXPECTED ON BREAKING OF TREND LINE LEADING TO COMPLETION OF BUTTERFLY BULLISH HARMONIC FORMATION. disclaimer - for study purpose only.
TRIPLE BOTTOM FORMATION HAPPENING + HARMONIC PATTERN FORMATION = BULLISH MOVES IN SCRIPT disclaimer - for stud purpose only.
Exercise patience here please, for validation 0.786 B point retracement of the XA leg, which our pattern requires. potential reversal zone will be defined after reaching 1.19069, which then completes our AB=CD. Our harmonic resistance will be above 1.19100 area
This is the the Bullish Gartley pattern which was pre-predicted retracement of D point of XA retracement. The Probability Reversal Area at 11736 (current market price 11840) which is 100 points far from now. The overlapping of the AB=CD and this is a nice structure with ideal alignment of harmonic numbers on 15min chart. After failing this pattern will be...
Stock may face correction upto 2100 levels, and then expecting a Bullish trend reversal from PRZ.
Bullish Deep Carb Harmonic pattern Since the time of previously shared Idea, the pattern has transitioned from Butterfly to Deep Crab pattern with a nice 3.618 BC projection, during the opening session. Targets are around 3 to 6 % of the current levels. Educational. Trade with discretion.
Expect Upside Move Only above 11825 - PRZ (Potential Reversal Zone) - 11790-11825 Target- 11955 More Short Positions will be created if Index drops below 11790
This crab harmonic pattern might be the trigger for bullish momentum in coming days
MuthootFin has made a Harmonic Pattern. It is Approaching the buying Zone(1000-1012). Need to keep eye on.
Daily harmonic ab=cd pattern. SL and target yours as market is choppy these days, Or next fibo levels
Multiple AB=CD patterns here. 22800-22900 should act as a strong reversal zone for 22300-22000-21800. Trade at your risk