Siemens price action + harmonic studies,, was bearish a lot in last few days, now after correction many of them msg me,, would like to say just follow what your study is willing to tell you
HDFC AMC spot CMP :- 2780 Study :- Elliot wave + Chart Patter + Price Action Time Frame :- Weekly Symmetrical Triangle structure formation on weekly time frame, with demand line around current levels. Demand zone as per price action, retest of previous breakout levels, basing formation. Elliot wave :- Counter is trading in minor intermediate wave iii of major...
PRICE ACTION STUDY TIME FRAME : 30MINS Hammer candle formation on 30 mins time frame, Which indicate sellers tried to push the price down with full force but at the end were not able to maintain lower price and buyers maintained the balance of buy and sell at particular levels, excess selling was absorbed. After formation Result :- As seller were not able to...
Dixon tech spot cmp 5080 around good demand zone as per price action
Reliance spot cmp 2710 Harmonic + Elliot wave study Time frame :- Daily Bearish deep crab pattern formation with PRZ in range 2710-2740,, Alternate 1.618 AB= CD pattern matures around same levels.. From last 5 sessions counter is making high around 2720 levels and not able to close on higher end, Today counter gave good breakout above the consolidation of last...
Perfect bearish butterfly formation Equivalen ABCD pattern formation From right to left if u count Candle no 4,5,6 are doji ,, Candle no 3 is inverted hammer Candle no 1,2 are inside candles of candle 3 Candle is bearish marabozu ( open =high)
Bearish crab pattern formation on daily time frame ,, with bearish divergence on RSI between high of last 2 swing,, prz in range 910-940 pattern vioaltion above 1011 counter just entered the prz range and gave a good reversal,,
BANK NIFTY SPOT 39700 Harmonic + Elliot + Chart pattern Time frame : Daily Bearish butterfly pattern formation on daily time frame with PRZ in range 39800-40000 levels In last leg of butterfly pattern that is in leg CD there is elliot wave fromation Elliot wave :- sub wave 5 of major wave (3) is on verge to mature, if major wave (4) unfolds retracement of 23.6...
Perfect bearish butterfly formation Equivalen ABCD pattern formation From right to left if u count Candle no 4,5,6 are doji,, Candle no 3 is inverted hammer Candle no 1,2 are inside candles of candle 3 Candle is bearish marabozu ( open =high)
HDFC Bank spot CMP :- 1687 Elliot wave + Harmonic + Chart patterns + Price action. Time Frame : Daily Chart Patterns :- Rising contracting wedge formation on larger scale, with demand line around 1590-1600 levels, act as good support for the counter and supply line around 1800-1830 which would act as strong resistance levels,, Symmetrical triangle formation (...
Multiple bearish harmonic pattern formation on weekly time frame with bearish divergence on rsi and macd indicators,, prz levels of both pattern confluence around same levels,, counter have achieved the maturity levels of patterns,, waiting for reversal bearish candle on 60 mins and 240 mins,, once the confirmation is done,, expecting a fall of 7-10-15% in...
Reliance multiple harmonic pattern formation with maturity at same levels,, good reversal can be seen in this counter,, waiting for 60 mins reversal candle bearish divergence on rsi and macd good short candidate retest of previous life can be seen
Nalco price action suggest reversal possible fresh buying is missing around current levels not able to manage the breakout of previous life high levels rsi and macd divergence,, good positional short candidate
Tatapower rising contracting wedge pattern fromation on 240 mins time frame,, dark cloud cover formation on daily and 240 mins time frame,,, bearish divergence on rsi and macd,,, good to fo short at cmp down side counter can give 15-20% fall,,, Good short candidate
Multiple bearish harmonic pattern formation with prz levels at same point,,, trend reversal can be seen from current levels,, counter can give fall of 15-20% from current levels,, Good short candidate
Counter is on verge to complete its impulse phase of elliot wave,, on weekly time frame,, as per time cycle combination,, time of wave1 and wave 5 are equivalent and price wise also some calculative match are seen bearish divergence on rsi and macd,, on weekly time frame,, suggest the trend is on verge to mature,, good fall of 10-15% can be seen in counter good...
Double top formation on daily time frame,, neckline around 640-644 levels,, need confirmation of breakdown below neckline,, Good fall possible once structure is confirmed
expecting good fall in bank nifty risk will be today high good short candidate