as we can see it has completed a perfect harmonic ab=cd pattern with precise harmonic values and for further long candle must close above upper trendline
NSE:DIXON Dixon Technologies stock at harmonic support if find reversal one can go long as per their trade setup with proper stop loss. Pattern stop loss is quite big so manage risk and sizing accordingly. Note:- As Per this harmonic pattern, stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live...
INDIAN OIL CORPORATION 1- making perfect cup and handle formation 2- 125-127 is the demand and supply zone that has played its role many a time looks at the chart for more clues 3- if we consider harmonics as well in this chart it is making perfect w pattern consider the leg of xb as 0.50 (though on the chart it is 0.531 , we can consider it as 0.50) 4 so...
SGX:IN1! Ones Again we are using this harmonic pattern for short target so don't confuse your self that harmonic only can be use for reversal trading. now if we could be able to find reversal in PRZ area which is from 17403 to 16996.50 and if our trailing SL hit in short side then only we ll think to go long on Nifty. we are taking help from sgx to trade nifty as...
As said in the previous idea, above 525 it will hit 598 which will become triple top once 598 is hit. After this, i have marked two more targets and according to harmonics, they will also be achieved once candle goes above triple top line . stay invested and enjoy Note: this is for long term only good luck Also note that it is at long term simple trendline...
MCX:CRUDEOIL1! Here We Are Using Harmonic For Target, it's A Unique Way To Use Harmonic, Long Above previous candle high stop loss already given on the chart. Trade as per your trade setup. As we are just adding quantity, our holdings from very low levels. ******whatever charts or levels sharing here or on any other platforms are...
IEX is an Indian Company in Power Sector. Recently after forming a Bearish Bat, Share price fell by almost 20% from 303 to 235 The RSI of the company also reached 30 level - Key level for bounce back After taking support at its previous low that is the W pattern low 1 at 236- 232 zone ( purple rectangle in chart ), The share has shown a healthy bounce led by...
Hi everyone, SGXNIFTY50 INDEX analyis on 1D chart recently we`ve seen index breaks it`s daily supoort 17,650 & bounced from 16,800 (level identified from harmonic half-bat pattern level 0.58) too test it`s resistance 17,650 & fall continues if breaks 16,800 can go between (16,300-16,200) and can take bounce & test 16,800 and fall can continue upto 16,000 (level...
Hi everyone, Banknifty index analysis on 1D chart index recently break it`s daily support 38,400 & bounced from 35,500 too 37,600 (level identified from harmonic xabcd pattern level 1.272) after bounce index is trading on it`s important support 35,500 if breaks then next support is between (33,900-33,100) levels identified from harmonic xabcd & abcd pattern levels...
Hi everyone, IN50USD analysis on 1D chart in previously we`ve seen index breaks it`s daily support 17,650 & bounced from 16,640 (level indentified from harmonic xabcd pattern level 1.618) to test it`s resisitance 17,650 now chances are too break it`s daily support 16,640 & can go upto 16,200 (level identified from harmonic abcd pattern level 1.618) index can take...
Hi everyone, Nifty50 index analysis on 1D chart rececntly we`ve seen fall in nifty50 index after it breaks daily support 17,600 & bounced from 16,760 (level identified from harmonic xabcd pattern level 1.618) now nifty50 index can test it`s support 16,760 and if breaks can go between (16,300-16,150) level indentified from harmonic abcd pattern level 1.618 price...
Dr. Reddy’s is at retest levels to go up or down …. Reasons/Traits : • Bearish Cypher harmonic pattern is getting formed, to complete this pattern, trend will be up • 200 MA is tested and 0.5 Fib levels are rejected and 0.382 Fib levels giving support in last couple of days • Currently 1350 support taken, where 5 EMA is crossing 20 EMA and 200 EMA from bottom...
Where will Hero Motocorp head to ? Reasons/Traits : • Bullish Bat Harmonic Pattern formation is seen • RSI/MACD are ready for up move, yet to confirm • Price is way below 13,50 and 200 EMA • Recent swing low matched with earlier lower low (important level for support) What can happen next : Scenario 1 : Price can move up to complete bullish bat harmonic pattern...
Do not worry as it has fallen from 12.30 as the stock has to follow the harmonic pattern and will eventually complete its upside journey and that lower red line as we can see has been supported for now and is stop loss on candle close basis. Target for long is still remaining at 13.10 good luck Trade and invest at your own risk Please like & share ideas if you...
Nifty 50 index which is known as Indian stock market leader how to perform leader in coming days we try to understand. our nifty 50 index trade in bearish cycle for short time frame on daily chart and corrective wave on longer time frame on weekly chart. 1. First we try to understand on weekly chart 16000 sixteen thousand is major support level. 2. Daily analysis...
Hi everyone, Banknifty index this week we`ve seen more than 2,400 points fall & it breaks 38,400 support on 1D chart and bounce back from 36,150 but again in last trading session it breaks 36,150 now next important support is 34,900 (Identified from harmonic xabcd pattern level 1.414) can take bounce but still breaks 34,900 support can go upto 33,900 level...
Hi everyone, Nifty50 index crashed this week we`ve seen fall & 17,600 was important support on 1D chart after support breaks next was 17,250 index bounce from support again breaks 17,250. Now 16,700 is important support identified from harmonic half bat pattern level 0.618 & index can take bounce from 16,700 but if breaks then next important support 16,000 level...
Hi everyone, Banknifty index analysis on 2hr chart & view for this week, we`ve seen more than 1000 points fall this week in banknifty index & 38,100 was important support price given breakout and price bounce from 36,900 reason harmonic prz abcd pattern level 2.0 (36,700-36,900) price can bounce from support & can go upto 38,100 to 38,400 level identified from...