FOLLOW
BPCL completed a bearish wolfe wave with a bullish AB=CD harmonic patterns price can move towards 378-394 view invalid below 337
FOLLLOW HAMMER CANDLE PATTERN WITH LONG LOWER TAILS NOT GOOD AT REVERSAL ZONES SO WATCH OUT
FOLLOW STOPLOSS 904
Yes,it's true. See this latest bullish fundamental report: The National High Speed Rail Corporation Limited (NHSRCL) on October 19 said Larsen & Toubro has emerged as the lowest bidder for the largest segment of the Mumbai-Ahmedabad bullet train project. And now I seen something surprisingly in the technical chart. that is...... Cup and handle formation and...
follow if you are thinking of being hugely bullish think again as pattern is saying something here so, keep an eye on 1251 area if it is decisively broken upside then i will post crab harmonic pattern for now it is having butterfly pattern good luck
FOLLOW
THIS IS HARMONIC IMPULSE WAVE PATTERN TRADE AT YOUR OWN RISK
Daring call from me was on 27 th sept spotted the harmonic pattern consistently went on hitting target after target exactly. of course at this stage risk/reward has decreased. but it seems it may strike 12000 before any retracement, don't forget to like my post follow me to get updates. my post of 2 th sept has been attached.
I am of course a great fan of wave theory Harmonic pattern with me right now.(of course with perfect alignment with wave theory) Had you taken position on my suggestion on 27th sept the day when I had pointed this turn around since that day nifty has climbed more that 900 points. one more simple retracement may take place after this huge rally today or in coming...
Bank Nifty 15 min Analysis - 23000 - strong resistance - Bearish harmonic + Supply zone Below closing of Trendline go for Short or buy Bank Nifty PE Targets - 22600- 22300- 22000- 21800- 21550- 21400- 21150- 21000+ SL candle closing basis 23100
TREND ANALYSIS & TRADE SETUP ! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. Reward is 10-12 times