Nifty has broken a crucial support zone and it is near the dynamic support range(DSR). This DSR will work like a magnet. The epicentre of the DSR is at 13462, which is working as Primal Support (PS) as of now. Nifty is still bullish unless it breaks (PS). It is possible that the Diagonal lower band of the pink Parallel Channel may be the support but as long as...
Daily chart Jindal steel is creating AB=CD pattern. Once it reaches point D there will be a reversal and SL with a short entry at 232 and detail targets given on the chart.
Chola Finance is in a Bullish trend and One can accumulate the stock in 375/370/366 in the future ... The upward wave can give a short term target of 411 to 432 and more...
Jamna Auto in the daily chart showing a bearish reversal as per Harmonic Cypher Pattern. Strategy: One can enter a short trade at or below 57 ( Fibonacci 0.786 level) with a Stoploss of 65. The exit may be planned at 31 marks. Risk Reward ratio -: 1:2.5
It seems BTCUSD is in its reversal mode. As per harmonic patterns, it's not beyond $35000 in this run. As per crab Harmonic pattern, it has already achieved the of XA leg i.e.1.618 level. Whereas it is just waiting to achieve the extreme level of projection of BC leg i.e. 3.618 level.
14255 level in Nifty Index is Support as per Cypher Model but this ref point may not be valid because the recent high is not valid as per the pattern rules for 0.082%. I have shifted to Shark Pattern which shows a much deep Price Reversal zone which has to be compatible with different levels the level is 13889 to 13854.
As per the daily chart and open interest, Reliance future has created doji candles simultaneously where data is also showing higher Volume with lesser OI. Buy above:1981; Target:2090/2199/2239 SL:1902 Sell Below:1840;1800;1783;1757 SL:1907 This is entirely my view and where I worked in the technical analysis along with quant. So, the data analysis part cannot...
HDFC Future is on the bullish horizon. If it stands above 2792 then there is a high probability to reach T1, T2 and T3. Entire analysis has done on the basis of quantitative analysis with considering other important data points and statics. Please honour the SL in case of downwards move. Entire data analysis was done on EOD basis. So let a positive candle stand...
Four days ago Nifty index was its all-time high at 15431.75 now it became sideway but it does not mean that nifty has changed its track. I can see 14750 to 14700 a 14750 a big support zone( S1) for nifty. Whereas the high will remain the resistance (R1) as of now but if it breaks the R1 then the diagonal continuous resistance will be the parallel channel. Once...
The drawing in the chart is self explanatory with the timelines. As the recent move has broken the important fiv Retrenchment level 1 there is a chance of going to 1.272 fiv retrenchment level is very high and we cannot wipe out the movement may reach 1.618 fiv retrenchment level and return. The maximum timeline to return at least to the start downward trend ...
Etheruum is on the move of price reversal. It has already made a high of $1439 and the projected between 1.13 to 1.618 Fibonacci level of XA. Now this pattern is creating a typical Harmonic Shark Pattern. Which is a bullish reversal in deep. We can expect a PRZ between $640 to $ 607. SO there might be the downfall of around $1200 estimated but this is the most...
This is a longterm analysis which is on the basis of the harmonic study. As per this study, 14750 will be the strongest resistance as of now. The parallel channel is showing the dynamic resistance of the index. As per the pattern, it has clearly shown the Price reversal Zone will be near 7250. All the stats are as per the EOD basis. In another way, this...
BTCUSD is in the built of a "Harmonic Deep Crab Pattern". It seems the demand and supply of the asset have been in a very volatile zone. If the asset breaks 30500 then the probability of the price to reach PRZ will be very high. Now, this PRZ will work as a supply zone for a short period or create momentum to boost the asset to the given bullish target.
Nifty index has shown a short term harmonic reversal pattern- Butterfly Pattern. The Price Reversal Zone supposed to be the extension of 1.27 Fibonacci level XA leg. BC projection is at least 1.618 Fibonacci level. This zone is giving us the most compact PRZ. PRZ range: 14325 - 14308 After Reversal Minimum target 14667
VEDL is on the process of Harmonic Extended pattern ( Butterfly Pattern) B point is at the 0.786 retracement of XA and D point forms at the 1.27 to 1.61 projection of XA. As per this chart the target levels should be 193 and 229
In continuation with the previous post of Tata Metaliks it is clear that the scripts is in bullish trend. This script is perfectly working with all the important Fibonacci ratios since the trend has started in this hourly chart. Now , I am expecting this move will continue till 663. It may ride ahead towards next level i.e. 703 level or it may retrace till 621...
Maithan Alloy Ltd. is in Harmonic Bullish Shark Pattern on its Daily Chart. B point retrenched less than 0.786 Fibonacci level of XA leg. C point is the extension of XA 1.13 to 1.618 Fibonacci level. and D point is the Projection of XA 0.886 level and BC 1.13 level, which shows the same price point i.e Rs.666/-. Eventually, this should be the target of this...
Nifty 50 in its all-time high and has started a sideways movement which has supported by Shark harmonic pattern in the hourly chart. The expected move could be until D point i.e. 12878 to 13010 level downwards. We can find quality support on that price point. Please create your strategy accoudingly.