After sufficient fall Nifty is now at the Bullish Half BAT Level. Probably we may see reversal at PRZ. Batch #PHB - 07 Script Name - Nifty 50 (Monthly) Name - Vijay Suryawanshi Name of the Pattern - Bullish Half BAT Pattern PRZ 1 - 17035.50, PRZ 2 - 16739.15 Stoploss - 16598.40
SRF has fallen from Harmonics Level of 2.618. Decent correction Happened. . PRZ 1 - 2595 PRZ 2 - 2551 Stoploss = 2531
Indian Hotels Bearish Extreme Shark Pattern We can Short near 304 to 305
USDINR is in Overbought region, With confluence of two Harmonics Pattern we may have opportunity to Short sell near PRZ levels Shorting Range - 78.3150 to 78.4286
SBIN has given good reversal from BAT Level. 454 to 456 . Now we will wait for further breakout
GSPL is Taking Trendline Support on monthly Time Frame also Bullish Half BAT Pattern is Active . We can go long above 262
Gujrat Gas LTS is approaching the support region and Harmonics 1.618 extended level. Good opportunity to initiate long Position in this stock.
Nifty is now moving upward. Near 17650 there is strong static Resistance also 1.13 Fib level of ANTI BAT Harmonics Pattern is active. We can initiate short Position here.
As Nifty has fallen due to some bad Sentiment. Now nifty has two immediate Support lines. So nifty may go down up tp Trendline and can bounce back from Trendline.
After Fall SBIN has Reversed from 1.272 Extended ABCD Level. Already done First Target. Lets Expect to go up to 0.618 ideal Target of 496
15 minutes Bearish Candle Closing Below 0.618 DNP Level - 16283 - Nifty may Fall Upto 16153
Zeel is following Trendline continuously. Today this trendline is broken. RSI is also falling below 40 level. hence we can expect more fall in zeel as there is no reversal indication.
After Long Upward momentum Reliance has fallen from PRZ Region by more than 100 Points. In Previous chart we got Hit Stop loss and could not enter. Lets wait for another target.
Nifty Is Facing Bearish Momentum since last two weeks. If this momentum continues further then next Probable reversal level for nifty is - 15351 to 15388
After a long Fall Hindalco has strated reversal from 1.618 - 384 level
Hindustan Unilever Given Small Reversal from Anti Butterfly PRZ If Fall is Continued then we can wait for reversal near Shark PRZ
DJI (Daily) Bullish ABCD Pattern PRZ 1 - 29888.79 , PRZ 2 - 29918.61
Wipro has made decent correction and now it is reversing from Monthly Half BAT Level. We Can add this in Portfolio for Swing or Investment Purpose. . Name of the Pattern - Bullish Half BAT Pattern PRZ 1 - 449.60 , PRZ 2 - 403.20 Stop loss - 381.15