NIFTY after the strong rally is finding hard near 50% of fibo swing and also near the PRZ of #CYPHER #HARMONIC pattern. good ROR for short available. SL 8475 Target1 8242/8107
Adaniports after the fall is now in the PRZ of BAT pattern. can be longed at current levels r at dips Entry 288 SL 280.4 Target 1 294 Target 2 309 Reward min 6 Reward max 21 risk 7.6 ROR1 0.8 ROR2 2.8 Current level ROR is less than 1 so ROR players can wait for dips.
Nifty has formed the 3 drives pattern and try to reverse from this short time downtrend movement. Symmetry is the key to this pattern. Let's see how it works in coming days.
Breaking below B point banknifty has the possibility to go to 19805 sl 20160 cmp 20000
Banknifty completed the pattern and now its ready for the upmove and possible harmonic targets CMP 19321 SL 18839 TGT 19803/20592/20795
Nifty the collapse is currently seeing bounce from the PRZ of the harmonic pattern. Good ROR trade setup available CMP 8611 SL 8475 Target 8764/8984/9050 Pattern name BAT ROR min = 1.14 ROR max = 4.14
Edelweiss looks Attractive for high risk takers Fundamentals : Decent, stable on Sales, Profits and EPS but DII and FII stake decreasing. High debt vs Reserve. Technicals : Very Bullish, Harmonic Bat active, well placed above standards MAs , heavy volume seen on recent breakout! R 1: 76 R 2: 95 R 3: 115+ SL : 45
TCS Formed harmonic pattern do u r own analysis and trade... Thank u....
Harmonic Sell in Nifty below 9515. Keep in mind -Nifty should not stay above 9515. Going below 9515 & Staying below 9515 we shall look for 9495-9460-9440 as target for next trading session. Caution - Moving above 9535 & Staying above 9535 shall make index bullish for higher targets upside.
* Harmonic patterns * Channel breakout retest