Dinesh_C_Nagpal

Dinesh_C_Nagpal Updated 

It has reversed from the PRZ of a Bullish Gartley and AB=CD. As long as it stays above 533 it can do a pullback till 550-560

Dinesh_C_Nagpal Updated 

COAL INDIA has made a Bullish Harmonic Shark today. If it holds 182 then it can retest 200-210

Dinesh_C_Nagpal Updated 

Reversed from the PRZ of a Bullish Bat, AB=CD & Alt Shark yesterday. It has covered the min retracement at 38% with a Bearish Shark. All happening within the slanting channel area. Further upside could be probable above the channel resistance of 11980-12000 while support comes in at 11910-11890.

05:08

Dinesh_C_Nagpal Updated 

Nifty through the week was within a falling channel making Lower Lows and Lower Highs. At close today it came into the PRZ of 3 Bullish Harmonic Patterns, namely, Shark, Bat & Gartley. If it were to reverse from this level it needs to survive above 11940 for an hour at least. Then it could move all the way back to test the falling channel at 111975-12025. From...

Dinesh_C_Nagpal

It has completed its Bullish Harmonic Alt Shark and is showing signs of reversal. A bounce back till 108-110 is possible provided it does not go below 99

Dinesh_C_Nagpal

Weekly time frame Bearish Harmonic AB=CD can retest 180 Daily time frame diagonal ending, breakdown below 203 Hourly time frame Bearish AB=CD prz 215 View would negate above 223

01:40

Dinesh_C_Nagpal Updated 

Three Bullish Harmonic Patterns in alignment in Monthly Time Frame Gartley / Butterfly / AB=CD Ichimoku study also suggests a pullback to Kumo around 18000 View goes wrong if it moves below 11600

Dinesh_C_Nagpal Updated 

A weekly close inside kumo (below 1400) could lead to further sharp selling as chikou is free for a down move till 1225-1200 (other end of kumo)

Dinesh_C_Nagpal Updated 

It has a weekly as well as daily resistance at 420 from where it has reacted. Unless it manages a close above it there is strong possibility it might retest support at 390-380 to confirm a higher low. Sustaining above 420 (on closing basis) could take it to 475

Dinesh_C_Nagpal Updated 

The retracement from the resistance could be ending here near a Bullish Cypher which is close to both daily and weekly support. The overall uptrend view along with this would get negated below 2085

Dinesh_C_Nagpal Updated 

Has entered into the PRZ (267-261) of a Bullish Harmonic Bat today. A bounce back till 280 and above that 300 is possible if the pattern does not get negated below 255.

Dinesh_C_Nagpal Updated 

Weekly time frame is showing a C Clamp while Daily time frame has given a breakout yesterday. It could test the next resistance near 225. View negates below 205

Dinesh_C_Nagpal Updated 

After giving a Cup & Handle breakout in daily time frame its consolidating around the neckline area 2840-2800. Upside opens for 2950. View would negate below 2780.

Dinesh_C_Nagpal Updated 

The reversal from Bearish Shark has retraced by 50% and has opened up the probability of a Bullish 5-O here which is giving targets of 2400-2450. View would negate below 2050. As per Ichimoku also it has good support between 2100-2060.

Dinesh_C_Nagpal Updated 

In weekly time frame it has shown consolidation near kumo while in daily its giving a breakout today above Kumo. An EoD close above 604 could take it to next level of resistance near 635. View negates below 588

Dinesh_C_Nagpal Updated 

It has entered into a PRZ of a bearish harmonic pattern AB=CD which is also inline with an Ichimoku time and price resistance. A retrace till 1450 from here. View negates above 1625

Dinesh_C_Nagpal Updated 

Nifty has entered into a Bearish Bat Harmonic Pattern PRZ today. However, the structure suggest that it will complete a Bullish 5-0 Harmonic Pattern. Any dip till 11550-11450 could see strong support which could then take this to 12000-12050 to complete this BAMM pattern

Dinesh_C_Nagpal Updated 

It has made a bearish harmonic Alt Shark and an Evening Star Doji. A pullback till 675-650 is probable. A weekly close below 715 would be ideal. View negates above 735