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On Monthly Time Frame, UPL can test 298.65 to take an uptrend.

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Identified A shark in Cholafin on 30 MTF Potential Reversal Zone 1 & 2 are 1173, Support at 1165

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While Considering the Positive Outlook first to satisfy our souls and urge to see NIFTY in Green; I found a Butterfly Pattern with a possibility of reaching out to 24857.75, B Leg. On other hand if there is any negative news spreading out and FII are good enough to bargain best price they may take this up to 21653.30 creating a downtrend in NIFTY forming AB=CD...

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Price Range with Shark and Butterfly patterns is identified in L&T Finance Ltd. There are my ideas but Not any Trade Recommendations.

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Stock is in very near range to 52 Week Low as well as 0.5 Bat Pattern. Expect a reversal around 165.45

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Bat Pattern is identified on MCX., Expected Reversal will be 5961.15;

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Identified A Bat and A Butterfly on MTF, Wait for Better Price to go for positional trade.

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HDFCBANK, A major contributor for NSE: NIFTY50 may see a little downfall considering harmonic analysis on Daily, Weekly Time Frames. At this Juncture Let us consider Daily Time Frame, and as drawn on charts it is about to form a Bullish Shark Pattern which is reversed from B Leg. Expected Behavior can be as represented in Red Color path. As price comes down...

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Major Pattern Butterfly - Bullish ahs been identified in AARTIIND with a minor Pattern Crab Though both patterns are valid, it takes lot of time to unfold real bullshness.

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In Reliance, I have identified two patterns - Major Pattern - Shark Minor Pattern - Crab We need to wait and see which pattern will unfold Bullish Reversal. I Prefer Shark here as it is Major Pattern. Minor Pattern may give knee jerk reversal.

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DMART, has just created its Terminal Bar by touch all its PRZ Levels forming Bullish Alt Shark. Terminal Bar + 1 Candle is also indicatively reversed by by showing a a Bullish Harami Pattern. Take Secondary Methods into consideration before entering into Trade. Type 1 Reversal journey will start now. 4221 will be Type 1 initial Reversal Target.

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Godrej Consumer, has formed Two Bullish Alt Shark Patterns at same price zone. 1060.90 can be tested and take a type 1 reversal and completion for forming Terminal Bar. Look for Bullish Reversal Patterns or Price Action at that zone and proceed with your actions.

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A Deep Crab, and A Crab are Identified in Asian Paints. There is much more to fall, Will update as price reaches near to Reversal Zones

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In M&M Fin Serv (M&MFIN) a Bullish Shark formed and took Type 1 Reversal and Price is coming to retest Reversal Zone for Type 2 Reversal.

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TATA TECHNOLOGIES, is forming a “bullish butterfly” pattern with PRZ1@867.55, PRZ2@850.15 and PRZ3@871.20 First pattern got failed as terminal bar doesn’t show any reversal sign and it also formed as resistance for terminal bar + 1 candle. Hence new reversal zone for pattern is calculated.

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As Harmonic Analyst, I have identified Potential Reversal Zone One (PRZ1) at 647.15 and Potential Reversal Zone Two (PRZ2) at 655.40 on Weekly Time Frame. Observe Terminal Bar strength and Proceed. Look for Type 1 Reversal Target as 850 Before Price comes back retesting to Initial Reversal Zone.

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Hello Fellow Traders, This is my elliott wave analysis on Nifty 50 Index. I am expecting nifty to touch 20500 in this 5th wave. As per my learnings 4th wave is just completed on 18th Aug 2023; if there is any room still to correct price can come till 18888 as wave 4 should not come in to range of wave 1 otherwise 5th wave journey is already started once...

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Hello Fellow Traders, I am bringing one more EW chart analysis for your kind perusal. Expected WAVE C Projection is 6399 - 6292. before it resumes new impulsive WAVE.