Xabcd
LARSON & TOUBRO INFOTECH MID TERM SWING #LTI given double bottom break out on weekly time frame and also making harmonic bat pattern. buy when it give retest.
Buy around 5000
TGT : 5550, 6100
SL : 4850 DCB
Disclaimer :
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
BANK NIFTY - BULLISH BAT PATTERN|| DEMAND ZONE|| DAY TFBank Nifty is forming a XABCD bullish bat pattern. This pattern gives us a demand zone or a potential reversal zone from where the downtrend may reverse.
Buy bank nifty between 39850-39550
Stoploss 39290, below this level we may witness long unwinding as well.
If the RSI crosses below 50, the fall could be quicker until 30.
Best setup: RSI 30-20 and the price at the PRZ of XABCD.
Happy trading :)
This is just for educational purposes.
HERO MOTORCORP - BULLISH ABCD AND BAT PATTERNSHero Motorcorp is at an important demand zone. If the price bounces off of this zone, then consider taking a long position.
However, due to bad results if the price manages to slip below the demand zone, then open a short position.
The XABCD Bat pattern is already activated, if the price manages to stay above the demand zone, then we could see target B (2781)
Similarly, the ABCD pattern starts to form if the price closes below B (2636), the loop will close at the D (2506).
Please understand the logic and trade accordingly.
Happy trading :)
This is just for educational purposes.
NIFTY in Some higher degree A looks now has completed I had updated yesterday on 15 min chart that A has completed but if we seen in 60 min A now looks has completed
We may retrace upto 61.8% of A.
Harmonic PRZ is showing at 17700-17800 levels for longs.
If we are making ABC in zigzag then we may return from 18392.1 level and will correct till 17700-17800 levels.
its not a trade advice, please do your own analysis before going for a trade execution.
Regards
SWING TRADE : GREENPLY1. Buy above BO 223
2. TARGET 270/300
3. SL 192
Watch for breakout and day close above breakout area.
Stock has given a good rally and now in consolidation for past few weeks.
Disclaimer: This is educational purpose only.
Please share your thoughts in the comments section below.
Buy! Buy!! Buy!!!XABCD pattern is activated in #TV18 one can buy now (or wait for few days to retrace till B), RR in this trade is more then 1:2 for mid to long term.
targets: 60/75/86/95/107 & sl: 25
Maruti : AnalysisMaruti has been retracing from its harmonic levels of 1.13 if sustained above these levels there might be an up move again.
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The best and safest level to buy is above 8200.00. SL must be below the previous immediate swing that is below 7240.0 levels.
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Calculate your RR ratio and trade.
PS: I am expecting a halt at these levles.
WAVES USDT Long Prediction, Formed XABCDNext stop may be 7.30USDT. Let us see what will happen. It is not an investment advice.
Nifty: AnalysisI am learning this new harmonic pattern and found it working perfectly for nifty analysis.
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There are several PRZ zones that nifty have shown minor correction.
Levels are:
1) 0.886 - 11830.00
2) 1.132 - 12900.00
3) 1.272 - 13600.00
Now according to my analysis, it has stretched to higher levels. Slowly the pace of nifty is also falling indicating a pattern for a retracement soon. I am expecting retracement of about 40-50% in weekly levels and this will start near about the end of December.
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Please correct me if I'm wrong. I am still learning and this is new to me.