W-pattern
Nifty : Upmove is near completion. Downtrend to 10800 or further
Since March 24, 2020 Nifty had begun its D wave of a NEUTRAL TRIANGLE (a special type of NeoWave pattern). This D wave has formed a Bow-Tie Diametric pattern.
All calculations are marked in the chart.
As G wave of a diametric pattern tends to equal A wave, the possible culmination of this wave is very near at 13100 levels and E wave of the NEUTRAL TRIANGLE pattern will soon commence.
Second possibility of D wave completion is a Trendline resistance of 12800-12900 levels. In this case we may a fall in Nifty from 12 Nov 2020.
As E wave of this NEUTRAL TRIANGLE will traverse below 10800 before Jan 2021 .
Investors can invest to build a good equity portfolio during this fall.
Wish you all a very Happy Diwali and Happy Investing.
HDFCLIFE | Excellent risk reward & Rejection downsideHDFCLIFE | Excellent risk reward & Rejection downside + RSI divergence
CMP : 570
Target : 640
Stop loss : 540
1:7 risk reward setup :D
MOTHERSUMI | W Pattern + Trendline Support | Can see 10%MOTHERSUMI | W Pattern + Trendline Support | Can see 10%
CMP : 108
Target : 120
SL : 103
1:2.5 risk reward setup
Perfect Banknifty Intraday Buy/Sell Trade Signals Perfect Tradingview Indicator which provides Automatic Buy sell Signals by calculating multiple inputs like Price,Volume, VWAP, support , Resistance . All-In-one. You can experience ZETA FORCE indicator for your trading intraday in banknifty.
In addition to this automatic support ans resitance lines are drawn so NO NEED to draw it manually as we have very less time during fast trading time.
Just use it ...
NAVINFLUOR | Seeing a W pattern - Lets see if we can capture 12%NAVINFLUOR | Seeing a W pattern - Lets see if we can capture 12%
CMP : 2015
SL : 1950
Target : 2230
Simple 1:3 risk reward
Interesting Horn like patternidk, what it signifies, maybe a breakout, can anyone through some light on this, I'm assuming a bearish breakout, anyone !!! ?
Adanient Flag Pattern BreakoutAdanient Gave Flag Bullish Pattern Breakout Supported by ADX, RSI , Moving Average and Inside Bar Formation
DMART | 16% Pull back swing opportunity + W patternDMART | 16% Pull back swing opportunity + W pattern
CMP : 2110 (can buy upto 2080)
SL : 2020
Target : 2460
Excellent 1:4 risk reward
HDFC Life Bullish Target 640Flag Pattern Breakout on Daily TF
The stock is looking really good
Can be bought at CMP levels
Target 1 - 640
Target 2 - 700
Stop Loss - 564
GBP/JPY: Approaching confluence level, what to do ? Hi guys,
I took this trade a couple of minutes ago because it seems the pair is ready to push higher to its next resistance level which is a strong supply area (confluence zone).
Price is also currently above its pivot + VWAP.
I opened long my trade @ 135.740 and I will target the 136.400 area, so a potential 60+ pip trade.
If it breaks I will look for some longs from there but as another trade, probably tomorrow since it's already late.
Trade at your own risk
EUR/JPY: I am a buyer.. Why? Hey guys,
Took a trade this morning on EUR/JPY. The reasons are the following:
- Resistance was broken and we see strong bullish candles on H1
- Price is above the daily pivot level, above VWAP and looks like it is also forming inside a flag
- The top of the flag is also a supply level = resistance
I am a buyer and will target 123.850 - 124.00 levels.
The R/R ratio for this trade is about 2.3.
Check out my previous ideas as well ;)
Trade at your own risk
Analysis - Pattern repeatCreated same pattern as before.
However, currently moving in a range.
Either side break might give a good opportunity. Worth keeping a watch!
EXIDEIND | W Pattern & RSI DivergenceEXIDEIND | W Pattern & RSI Divergence - Despite huge broad market selling pressure i see this stock is having good risk reward for long.
CMP : 154
SL : 150
Target : 168, 175
1:3.5 Risk reward
(P.S : Have shared atleast 110+ charts in tradingview community and i used to put a google spread sheet link where i have the records analytics i post with the live status. But due to tradingview rule they removed all my charts all of a sudden. Hence i lost almost more than 65+ charts shared earlier. However i will continue to share the charts in future without link by abiding to the platform rules.)
Those who wants to track those calls just message me through the platform.
