BULLISH SHARK PATTERN IN HDFC BANKHDFC Bank formed bullish Shark pattern and symmetric triangle pattern. now it's in important level as it's around monthly pivot and took support.
Entry : 1529
Target : 1600
Stoploss : 1496
Risk reward : 1:2.5
Holding period 1 week
for Educational purpose only
Trade with risk management
Shark
Nifty 50 Harmonic Shark Pattern14255 level in Nifty Index is Support as per Cypher Model but this ref point may not be valid because the recent high is not valid as per the pattern rules for 0.082%.
I have shifted to Shark Pattern which shows a much deep Price Reversal zone which has to be compatible with different levels the level is 13889 to 13854.
ETH USD Harmonic Shark Price reversalEtheruum is on the move of price reversal.
It has already made a high of $1439 and the projected between 1.13 to 1.618 Fibonacci level of XA. Now this pattern is creating a typical Harmonic Shark Pattern. Which is a bullish reversal in deep.
We can expect a PRZ between $640 to $ 607. SO there might be the downfall of around $1200 estimated but this is the most compact zone of reversal which can be estimated from the calculation of different reference points but the downfall may touch 443 level also as per the reference points, chances are less.
Though this is a bullish reversal so the targets are given with the dotted levels.
This calculation is totally my viewpoint. Please trade according to your thought process.
Nifty-Shark Bounce or Sharp Bounce 13600-14700- What Next?Nifty - Was That Shark Bounce or Sharp Bounce 13600-14700-What Next?
Amazing session for Indian Stock Markets & Possible Reason for moves which unfolded on 1st Feb2021
• Harmonic Pattern
• Heaven’s Message
• Indian Budget2021
• Stock Updates
Harmonic Pattern
Bullish Shark Pattern which was suggested last week with trigger level above 13850 & targets of 14100 / 14400
Last Idea Published – Shark Harmonic Pattern
Heaven’s Message
From Financial Astrology, Mercury went retrograde (moving backwards) on its orbit which it does 3-4 times in a year & recently went retrograde for the 1st time in this year on 30th Jan2021 & shall remain for 3 weeks until Sunday, 21st Feb2021 when it goes back direct again. Mercury retrograde is also a period when false moves might happen so be careful while trading & do not get emotional.
Indian Budget2021
Stock Updates
Reliance – false breakdown below 1835 last week & bouncing from new lows of 1830 to 1900+
TataElxsi- Its Elxsi or Expanding suggested last week – moved 2400’s approx. to 3000+ which was amazing
What Next?
Market Participants should be careful of Double Top’s close to 14700+
Nifty - Shark Harmonic Pattern-Buy Above 13850 ( 14125 / 14410) 🦈 Nifty- Shark Harmonic Pattern
Buy Only Above 13850. Target - 14125 / 14410 - Upside extension later only above 14500 else avoid buying careful in 14400-14500 zone
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Last Idea Published - Reliance - X-wave Can it end with Ending Diagonal ?
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Maithan Alloys Ltd Harmonic PatternMaithan Alloy Ltd. is in Harmonic Bullish Shark Pattern on its Daily Chart.
B point retrenched less than 0.786 Fibonacci level of XA leg.
C point is the extension of XA 1.13 to 1.618 Fibonacci level.
and D point is the Projection of XA 0.886 level and BC 1.13 level, which shows the same price point i.e Rs.666/-.
Eventually, this should be the target of this stock before reversal.
This analysis is for educational purpose.
Nifty 50 Bullish Reversal Harmonic Pattern Nifty 50 in its all-time high and has started a sideways movement which has supported by Shark harmonic pattern in the hourly chart.
The expected move could be until D point i.e. 12878 to 13010 level downwards. We can find quality support on that price point.
Please create your strategy accoudingly.
JINDAL STEEL good short candidate.Jindal Steel Good short candidate.
Bearish SHARK pattern formation.
PRZ zone in range 270-285
SLZ zone above 295
T-bar already formed and gave reversal,, now is sell on rise candidate,,
Best range to go short is 270 to 285,,
Rising wedge formation,, currently counter is trading around resistance line of rising contracting wedge ,,
RSI divergence seen in last 2 swing peaks.. Bearish divergence.
LTI - 4H TF - Bearish SharkBearish Shark pattern on 4H Chart of LTI. SELL 3450, SL 3501, Target(s) - 3400, 3386.