Hi, Supreme Court imposes ban on sale of BS-III vehicles from April 2, As a reaction Ashok leyland fallen sharply and completed a beautiful bullish CRAB Pattern. It's worth to mention, recovery was so good and sharp with RSI divergence. (Assume structure has shown RSI BAMM, need to verify it). It tested all the figures on PRZ during the fall and bounced back...
Hi, On Tata Motors , 15 min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup . The D leg completion of BAT is @ 460.7 (PRZ). The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed below X leg structure support . Target 1 - 466.9 Target 2 -...
On JET Airways daily chart, we have a potential Short opportunity at the D leg completion of bearish BAT setup . The price reversal zone is between 534 & 562 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed above X leg structure support . Target 1 - 459 Target 2 - 413 (When...
On DLF Hourly chart , we have a potential Short opportunity at the D leg completion of bearish BAT setup . The price reversal zone is between 153.5 & 155.5 Note : The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed above X leg structure support . Target 1 - 148.2 Target 2 -...
On Lupin 15min chart we have a potential Short opportunity at the D leg completion of bearish BAT. The price reversal zone is between 1509.9 & 1520 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the BAT setup placed at the .382% and .618% retracement of the C to D move. Stop loss...
On Ashok Leyland 30min chart, we have a potential Long opportunity at the D leg completion of bullish BAT setup . The price reversal zone is between 87 & 86. The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed below X leg structure support . Target 1 - 89.4 Target 2 - 90.9 (When...
On TCS 60 mins chart, we have a potential Long opportunity at the D leg completion of bullish BAT setup . The price reversal zone is between 2424 & 2404 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed below X leg structure support . Target 1 - 2487 Target 2 - 2525 (When...
Hi, On NIFTY , 30 min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup . The D leg completion of BAT is @ 8901 (PRZ). The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed below X leg structure support . Target 1 - 9022 Target 2 -...
On ICICI 60min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup . The price reversal zone is between 259.8 & 255. The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Stop loss would be placed below X leg structure support . Target 1 - 272 Target 2 - 280 Trade with Care Gulz
Hi, On the EICHER MOTORS 15 mins chart we have a potential long opportunity at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 24390 & 24287 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618%...
On the GLENMARK PHARMA, 1 hour chart we have a potential long opportunity at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 876 & 833 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement...
EXIDE INDUSTRIES Daily chart, we have a potential Short opportunity's at the D leg completion of bearish CRAB setup. The price reversal zone on this pair is between 226 & 233. The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Crab setup placed at the .382% and .618% retracement of...
Hi Friends, Good year chart looks good for long entry as the price given upper trend line breakout with decent volume. we can expect a target of 850+ in near term. Long position suggested while price moving back to the trend line with stop loss of 690 on closing basis, First Target of 850 ( Which is D leg completion of bearish BAT- where we will review the chart...
Hi, On Voltas daily Chart, we have a potential bearish BAT with D leg completion at 393. TGT 1 - 353 & TGT 2- 327 STOP - Above X (408) As the price near to the Potential reversal zone, we will look for the price action for short opportunity - Also Pls note, any long green candle which cross the entire PRZ will invalidate the pattern ( which indicates that...
Hi, We have Bullish cypher pattern on 15 mins chart. D leg completion @ 383 TP1 - 387 , TP2 - 390 SL - Below PRZ ( below 380) levels highlighted on chart for potential long opportunity. Trade with Care Gulz.
BULLISH BAT SPOTTED ON TATA STEEL 15 MINS TARGET SHOWN in Chart Stop would be below PRZ
Hi, A good short setup is developing on Adani Ports daily charts. Watch PRZ (Potential reversal zone) & enter based on the price action- Use shorter time frame candles to analyse the price action while the price hitting the PRZ. Two Targets : TGT 1 - 36.5 & TGT 2: 30 Stop loss would be above X point ( based on the risk appetite) ** Never ever do long...
HARMONIC BAT : It is considered to be one of the more accurate patterns exhibiting a higher success rate than any other harmonic patterns.The Harmonic Bat pattern has the following characteristics which can be used to identify the Bat pattern. • B point at a less than a 0.618 retracement of XA, preferably a distinct 50% or 38.2% retracement. • "BC" leg...