can be bought in range of 417-421, SL 409...TR 436-445
1) Bearish Butterfly Pattern ( Harmonic Pattern ) 2) RSI bearish divergence 3) Stock reverse from Channel TOP 4) Stock closed below 20 EMA ------------------------------------------------------------- 5) 1st Target 120-118 6) 2nd Target 96 to 94 7) 3rd Target 60 to 58 8) SL - Above swing high ------------------------------------------------------------- Note :...
1) Bullish Bat Pattern ( Harmonic Pattern ) 2) Stock trading near resistance (224-216) 3) CMP @ 224 4) Pending "C" to "D" move (224-170) 5) Stock trading near upward trend line (after breaking this trend line stock move to "D" point) ------------------------------------------------------------- 6) 1st Target - 175-170 (support area) 8) SL - 235 (for Short...
Channel target is bearish. Harmonic is in making but it can be Deep crab as well with tgt 1050.. Will trade based on price action. Zones mentioned in chart.
Bat pattern with PRZ at Demand zone Target = 31500 Sl = 30800 RR= 1:2
I didn't wasted time to perfect the fibonacci ratios in drawing but it is conforming to 0.861. I will not keep any stop loss. Will update once exited.
1) Bearish Crab Pattern ( Harmonic Pattern ) 2) RSI - Bearish divergence 3) Candlestick Pattern - Bearish One Black Crow 4) Strong Resistance @ 503 5) Stock Reversed from Channel TOP ------------------------------------------------------------- 6) 1st Target - 462-460 7) 2nd Target - 435-433 8) SL -...
1) Bullish Shark Pattern ( Harmonic Pattern ) 2) Vortex bullish 3) Stock bounced from Demand zone / support 4) Stock bounced from channel bottom ------------------------------------------------------------- 5) Target - 248-250 6) SL - 234 ------------------------------------------------------------- Note : This study for educational purpose...
1) Bullish Crab Pattern ( Harmonic Pattern ) 2) Three Day's Gap up Opening 3) Stock trading above 20 EMA 4) RSI showing bullish divergence on Daily chart 5) Stock bounced from Demand zone / Long term support 6) Volume above Average ------------------------------------------------------------- 6) 1st Target - 369-372 7) 2nd Target -...
Two Harmonic Patterns (HP) are having a confluence. MOB level being 709 and 734. Price action at around theses level would be the deciding factor. A contra trade with the least SL with SAR (Stop and reverse) strategy might work, especially at around 709 level. Having said that, it's a potential Short candidate on every upside spike till 733-735. During day...
At a strong resistance area. Wave a,b completed. wave c in progress. Harmonic pattern also developing. Short below 217. Target 210. After that look for a bullish candle and take long
The current chart position augers well for favourable formation of two Harmonic patterns, both coinciding at same points and attracts investment for short term of 1 year. Though the chances of the stock moving higher are very bright, at present it is at a strong resistance area. So buy only above 227. One year Target 427. (Should go even higher to 448)