Reason- Price entered in demand zone Harmonic pattern
PATTERN IS VAILD ONCE PRICE REACHES THE PRZ BUY 2921... SL AND TARGETS WERE MENTIONED IN THE CHART... TREND LINE SUPPORT IS THERE FOR ADDITIONAL BULLISH CONFIRMATION....BREAKING DOWN THE TRENDLINE WILL LEAD TO A DOWN MOVE... DO YOUR OWN ANALYSIS BEFORE TAKING THE ENTRY...
Nifty is Currently Trading Above the 11233 which is 78.6 retracement .. if Nifty is try to hold Above the 11233 we will see target of 11452 in the Current Weekly exipry and which is weekly resistance as well .if nifty hold the 11452 next target will be 11686 which is the Potential Reverse Zone as per the Harmonic Pattern. All analysis for Educational purpose...
Reason to buy- Golden cross over formed Harmonic pattern Demand zone
very good setup Positive Hammer Golden crossover Trend line Harmonic pattern Higher highs formation
I was expecting up move from 9800 now its very near to PRZ as per harmonic pattern. Entry around 11200 sl 11300 target First 10050 5Th wave in weekly nifty has finished.. and now making ABC ... A has done 7500 around B is running and Waiting for Leg C. Leg C should have also 5 Wave of elliott. If you like idea please don't forget to click on like button. We...
Sell between 1196 - 1234. Preferably between 1225 - 1234. Its weekly candle, so holding days is around 1 to 2 weeks. SL 1270 T1: 1100 T2: 1018 Achieve atleast T1: 1100 target. Hold with conviction. Risk Reward 1:3 for T1 and 1:6 for T2
01) Bullish Crab Pattern (Harmonic Pattern) 02) Bullish Engulfing Candle Pattern (13-03-2020) 03) RSI showing Oversold 04) RSI showing bullish divergence on Daily chart 05) Stock bounced from Demand zone / Long term support 06) Stock bounced from channel bottom ------------------------------------------------------------- 07) Entry - CMP - 33 08) 1st Target -...
Go Long between 37-39, Target & SL as mentioned. Note: Equitas results on 29 May 2020. So, enter on 1 June, 2020 or after.
Short around 200-202. Aim for T1 & T2. SL as mentioned or as per your risk capacity.
#Harmonic pattern. W pattern with trendline BO. Very near to .5 of Fibbo. Target of 400 is possible. Disclaimer - it's only for educational purpose, I have no interest in providing trading call. Jai Hind! 🇮🇳
FOLLOW
Go short at 730-736. Target & SL as mentioned.