Nifty 50 Bearish harmonics Looking For shorts keep an eye
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Sellsetup
ITC near to seller areaITC have a seller area from 213.10 to 215.95
In this are we can take short entry with stoploss 216.50 with daily close bases
And Target 1 is 209
Target 2 is 206
CRAFTSMAN BEARISH PENANT PATTERN FORMED#craftsman bearish penant pattern
#short below 1359
#follow money management
#sl @ 2%
#Risk Reward 1:1 , 1:2 , 1:3
Dont sell Motherson on this dip,big breakout will happen nextdayDon't sell Mother son on this dip, big breakout will happen NeXT day.
Just fooling here to sell, very bullish on daily chart, about to breakout upward in a day or two
Analysis on Axis Bank (short)Wolfe wave analysis - Bearish wave
if candle close above 810, then the pattern fail.
risk to reward favour short, clean sell setup with strict stop loss
Apart from Wolfe bearish wave, I can find out completion of Elliott impulse wave 5 (last bullish wave) I expect Elliott corrective wave occur soon in the ABC pattern
will enter short with confirmation - 30mins candle close in red
Nifty Downtrend Starts. More Downside Coming!!Nifty Crashed more than 600 points today before settling at 13328. More Downside will come till 12600-12800 if it breaks the upper trendline. Be cautious! Book your Profits. Any Upside will be Sell on Rise on Nifty as well as Bank Nifty.
GBPUSD Short Swing trading Respect the Resistance zone 3 times.
Respect the trendline times.
Go to short. ( If it break the trendline then go to short term trade.)
EUR USD - Sell down DAY chartEUR/USD : eur/usd is currently going to sell down. So beyond the technical analysis from next one month EUR/USD sell down
Head & Shoulder pattern in Tata Motors LtdH&S Pattern in Tata Motors Ltd
Sell below 146.10, T- 142.75, 139.15
PEL - SHORT SETUPPel broke down its support and has formed bullish engulfing while retesting. This can be a good shorting opportunity for pullback traders
RBL BANK POSITIONALRBL BANK
sell
below 170
Sl 177
target 160 ,147 , 128
THIS IS MY VIEW NOT TRADE RECOMMENDATION.
BIOCON - SHORT SETUPA shooting star is formed with heavy volume. This could be a good shorting opportunity below 418.
Conditional Sell - Nifty on 30min candle closing below 11482Sell Nifty on 30min candle close below 11482
Target - 11413, Sl - 11553
(no trade if Nifty trades above 11537.85 before candle close below 11482)
Sell TCS @ 2255.10 for Target of 2225 & 2196Lower high & lower low formation in TCS with break of Swing Low
Sell: TCS @ 2255.10, SL: 2284.6
Target: 2225.6, 2196
Bajaj Finance - Ready for downward journey !!!Positional Sell on break below 3350 levels with strong candle
Target: 3150, SL : 3465
Forming Lower Highs & Lower Lows on charts
Triangle Pattern BreakdownWe can clearly see a triangle pattern break down, and also pharma sector is somehow a little bearish in my view. If market sentiment is negative, this can come further down.
GODREJCP - SHORT SETUPThis stock broke out of its trading range towards downside. It can move further down if market sentiment is negative.
MCDOWELL - SHORT SETUPAs we can see, this stock has taken support at the same trend line for about 7 times. Given today's candle and negative price action, this can break towards downside and we could see a rapid downfall.
CESC - SHORT SETUPIf the low of big candle is broken, we can go short.
Trend line breakdown. A big candle formed by a big player. Then a pause candle (inside candle), hence when big candle's low is broken, the momentum may be faster since the buyer's SL will be hit creating immense selling pressure.
