Colpal is at harmonic level of bullish shark And even confluence of weekly trendline
what do you think? ... thel me your aidea you say long or short...
Bullish shark formation in UPL at 15m TF. Price reversed from just from the demand zone.
TVC:GOLD Potential PRZ 1816 - 1820 levels Bearish Harmonic Shark Structure If PRZ is broken, next upside momentum starts
Nifty opened the Muhurat session with a gap up of 100+ points but it must trade above 18000 for short-covering moves. Near 17950-18000, there is a supply zone created by the shark pattern from where the price could take a dip or could take it by force to the upside for short-covering momentum. Happy trading. :) This is just for educational purposes.
Supreme industries' results came out positive and the price is near the potential reversal zone of the XABCD bullish shark pattern. The targets and the stop loss is mentioned on the chart. Happy trading :) This is just for educational purposes.
Maruti's price has fallen significantly recently. This pattern is perfect to be called a Shark pattern. After a second impulse, the correction went too deep and is expected to be reversed from the PRZ. This is XABCD bullish shark pattern has extensions 0.886-1.13 which form the potential reversal zone (PRZ). We can also a downtrend line is broken, but for...
GLS has broken out the previous swing high and is showing bullish signs. Go long above 707 and put your stop loss at 659. Targets are mentioned on the chart using XABCD bearish shark pattern. Happy trading :) This is just for educational purposes.
BPCL had an event today, where the dividend was issued. The dividend was 58 per share. However, the stock price fell so much as 10% in a single day, and that too in pre-market minutes. There will be a long unwinding as a consequence. If the price manages to stay below 445, it could come down to the demand zone which is also a PRZ of XABCD bearish shark...
Tata Elxsi has outperformed its peers over the year. Everyone's looking for the right entry to buy the stock. Now's the chance to buy the stock if at all it reaches the PRZ/demand zone mentioned on the chart. The stock may exhibit the XABCD bullish shark pattern, which is completed only if the price reaches the mentioned demand zone. Buy in the demand zone and...
Reliance Industries are out tomorrow. The stock has fallen more than 3% to test the potential reversal zone of the harmonic pattern XABCD or the demand zone. As we can see, in the last hour price has bounced off the zone with good volumes. The price has to stay above this zone or else it could test 2500 or even lower by the long unwinding. If sustained above the...
ICICI bank's price has been forming a rising wedge pattern which has got broken today. According to the height of the pole and XABCD bullish shark pattern, the target is set at 647. The trade setup is to buy ICICI when it reaches 647 or short if there's a pullback to confirm the fall. The stoploss here is to place at C according to both the patterns, which is...
Looks like Bullish Divergence . Also a Bullish Shark pattern spotted . Not a trade recommendation not for Learning Purpose.
FCL gave a multi-year breakout, buying on the dip is advised up to 106. 106 level is an important support level to hold. The targets are mentioned on the chart. The XABCD bearish shark pattern gives the target of 218. Stop-loss as per your risk appetite. Happy trading :) This is just for educational purposes.
As per harmonic pattern hourly timeframe is showing bearish shark trade idea is already shared with risk reward ratio of 1:2 best of luck
Nifty is currently trading at the potential reversal zone formed by the XABCD bearish Shark pattern. If the marked trendline is broken after the price gets rejected from the PRZ, short Nifty and target zone would be the 0.5-0.618 fib retracement zone of CD swing. The stop loss must be strictly followed, above this level ( 17266), shorts are going to be...
Yesterday Nifty Realty rose 5% breaking out its past swing high. The targets are mentioned on the chart where the profit booking can be done. Entry on a pullback will give better risk-reward but anyways if you are already in a long position better watch out for the target levels. We shall discuss the underlying stocks which are showing similar behavior.
Bank nifty is at 36100. If the 36100 price barrier is taken out then a huge short covering could trigger the index's price. Go long above 36100. Book profits at the supply zone. If the price breaks the supply zone, then aim for the 36450 price level. Stoploss if the price closes below 35910. Happy trading. :) This is not an investment idea. Please consult...