TORNTPOWER: @ 184.10 Pattern: Harmonic: Bullish CRAB , Can Price - Vol. Action Indicates WORST is OVER ? Indicators & Oscillators Also Suggests So. Go LONG: Aggressive Within +0.50% All Swing Trade, Short-Term & Mid-Term Targets are Plotted in Chart . Best LONG / BUY: @ 193.40 - @ 181.70 MORE: @ 179.20- Intraday TGT: 187.40, @ 189.10 , @ 191.90+ ...
Lets see if a reversal signal is generated. Nifty has filled the last two recent gaps, so I am expecting it to fill this one too if the pattern becomes valid. BB has tightened up, a breakdown could add to confirmation. (Median 20 MA acting as support for now at 9602-9604.
RELIANCE: LTP @ 1414 (at 2:00 PM on 20/06/2017) Two Consecutive HARMONIC Pattern. First Bullish SHARK Then Bearish Deep CRAB . For Swing Trade Follow below mentioned levels: Res.: @ 1421, @ 1425 , @ 1431 - 1437(HZ), @ 1449, Sup.: @ 1403, @ 1396 - 1391(BZ), 1378 More levels on Chart Rest updated LATER. PS: If you like Ideas/Analysis, please Like/Share &...
Nifty is forming Harmonic Bat Pattern, the completion at point D is expected at 9384. Further 23.6% retracement of the move from lows of 26-Dec-16 is at 9282. So the pattern will complete between 9384 – 9282. Third leg of Elliot wave completed at 9472. Leg 1 and 3 are of 135 points approx and leg 4 is going on. So final leg 5 is remaining which would complete the...
NIFTY Spot Bearish HARMONIC, Trade Cautiously NIFTY: Bearish GARTLEY RES.: 9644 - 9657.5 - 9665 SUP.: 9620 - 9610.7 (Strong Zone) - 9597 - 9589 - 9564 More on Chart PS: If you like Ideas/Analysis, please Like/Share & keep motivated. Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
Choose what you wish for as per your trading plan. On a channel breakdown Intra players will be shorting and on Positional side they will be long when BPCL gets back to harmonic entry levels. Happy Trading !
Nope... Before you go there, that I repeated yesterday;s chart, it's not. This is new pattern emerged by yesterday session & in bigger way. On Right entry point, the targets would be around 9630's in Nifty. As we are forming a kind of triangle pattern ( though some might not want to call it so ), we are nearing the consolidation completion. At the same time we...
GLENMARK: @ 630.25 (8.00PM on 13/06/2017) Reversal Seen Hourly & Weekly HARMONIC Pattern Projected Point "D" = @ 614.50, for Perfect Bullish BAT Bullish BAT (in chart Orange Colored) B = 0.382 - 0.50 of XA, Here 0.467, Fulfilled C = 0.382 - 0.886 of AB, Here 0.788, Fulfilled D = 1.618 - 2.618 of BC, Here 1.581 D = 0.886 of XA Here 0.679 To Fulfill...
Just Said -Don't Go long at 238.50-239 Zone in previous update mentioned below - We have bearish harmonic at the 239 tops. Previous Update - Zinc -You are back again at 230
NIFTY eliiot, Channel and Harmonic possibilities on weekly
Above 154.50 for 157 - sustaining above 157 next 160 & above 161 for 165-166 Target zone for the harmonic pattern.
Zinc has an excellent corrosion resistance property hence used as preferred coating material in industries. Galvanization is the process of applying a protective zinc coating to steel or iron, to prevent rusting so we enjoy but I will excited if this coating goes off which is artificial to expose it's real beauty. So, we want this coating to go off above 250 on...
This is the Chart of Quick Heal on the daily scale, A falling Wedge pattern did appear and the Prices breaks out downward. Though Falling Wedges patterns are supposed to breakout upwards, but here it breaks out downward. This pattern forms over a period of approx 6 months. Break out came with a gap , hence signalling price may go down further. Support for the...
LYKALABS Bullish Harmonic Reversal LYKALABS: LCP @ 50.00 . Harmonic Pattern: Bullish CRAB . Candle Pattern: Bullish ENGULFING . Divergence: RSI Positive & OBV Positive . Price Range Compare to Previous Candle: H-H & L-L . TGTs: @ 52.6, @ 55.15 , @ 57.15, @ 59.10 , @ 61.90, @ 65.45 .
The Index has formed Harmonic 3 Drive Pattern at the top of the rally and clearly Showing RSI Divergence showing weakness in the coming days. One can short it with appropriate stop loss. As mentioned in my earlier post that Divergence made at the top are little tricky compared to the one formed at the bottom. Good Luck
Previous Post - Harmonic Sell Below 288 for 280 Currently, looks as a irregular flat which is unfolding in wave-2 where possible test of 235-240 zone can be reality in couple of months as that zone has formed multiple supports so it will be of prime importance to us. In future if 235-240 zone supports then we shall plan to buy "State Bank of India - Stocks-...
Hi, Thanks @razultull for spotting the patterns. Intact there was a shark right behind the BAT & it would have been a juicy trade but we missed it. So there is a bullish bat harmonic pattern is developing on 30 mins chart & the D leg of the BAT coincides with support trend line (green colour on chart). D leg completion is at 468.5 (PRZ). The PRZ zone is only...