If Infy closes below 900 levels on monthly chart. Then Probability of cypher pattern may unfold.
Last Price@9812 Bullish Harmonic Bat Risky Call - Look for 9855-9880-9920. Stops Shall be below 9783
First Long Above 4020 & Later Sell if faces resistance in 4250-4350 Zone. A bearish crab "can" get completed in the zone 4250-4350. I never use incomplete harmonic pattern to predict as we never this will become true or fail but yes if at all it becomes true & moving above 4020 -If Hero Moto Corp Travels to 4250-4350 - One should be careful as we have reducing...
Last Price@9811 Day High@9817 Risky Traders can sell in 9810-9825 with stops above 9836 - Safe Traders Sell below 9790-9793 zone Any move below 9790-9793 which was one of the desired zone for long trades for the day is important zone - If Nifty starts falling below that zone - we will look for short term melt down till 9765 - 9735 target levels which will...
Buy Back can be an important element providing good pitch for the both the batsmen- Mr. Green Gartley & Mr. Yellow Butterfly - can they dial 380 -390-415 & 450 - as spectators will be keen to know their fate in the upcoming session. Trading Plan Either moving above 370 if they are in hurry or we shall look for 358-362 Zone as the resting zone- if this zone...
Crucial & also hot discussion & view exchange going on around investor community in Social Media, What' is the fate of BANKNIFTY. A part of community Favour's BULL run to continue, while "No All Time New High" by Other's. Who can tell answer. HARMONIC may have some answer. On chart at "D = 25546" , final point of Ideal Bearish DEEP CRAB. All mentioned on...
As I always say have patience in trading & you shall get rewarded later. Bullish Butterfly in 355-357 zone likely it should hold between 355-357 or if it goes below 355 Then look for prices to hold above 350. You need to see reversal happening above 350 levels - any move below 350 levels(stops below 350) -this pattern becomes invalid. Target - 365 -...
* Bullish Harmonic * Descending Broadening Wedge * Rising trendline * Bullish Stochastic >>9040 negates bullish scenario
Hello Traders, I have observed Bullish Gartley Pattern on AUROBINDO PHARMA. It look price soon will enter Potential Reversal Zone (PRZ). Here, PRZ is made of 0.786XA, AB=CD and 1.27AB Fibonacci ratio confluence. This potential trade has a risk/reward ratio of 1:1.2 for Target-1 and 1:2 for Target-2. Follow this idea for further updates. Happy Trading!
* Bearish AB=CD * Overbought RSI