Hello Traders, I have observed Bullish Gartley Pattern on AUROBINDO PHARMA. It look price soon will enter Potential Reversal Zone (PRZ). Here, PRZ is made of 0.786XA, AB=CD and 1.27AB Fibonacci ratio confluence. This potential trade has a risk/reward ratio of 1:1.2 for Target-1 and 1:2 for Target-2. Follow this idea for further updates. Happy Trading!
Hello Traders, I have spotted Bullish BAT pattern on NTPC. Potential Reversal Zone (PRZ) is highlighted on the chart. This time, we have little wide PRZ. It is made of 1.27AB, 0.886XA and BC Fibonacci ratio confluence. Once price enters into the PRZ, one can take a long entry. This potential swing trade has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.3 for...
Bearish Gartley is near completion. Opportunity for short entry. Short Entry: 177.75 Target: 174.40 Stop: 179.50 Good Luck!!!
Multiple Harmonic Patterns have formed on COALINDIA. Bearish Cypher and Bearish Bat signal us short trade opportunity. Price is already in my entry zone but I will wait for Overbought RSI to give me additional confirmation to take short trade. Good Luck!!!
Hi Guys.. Hope everyone had a profitable week. Here on BHEL chart, it looks like Cypher will complete soon giving us an opportunity to get into short trade. Previous support near pattern completion gives additional confirmation on short entry. Cypher has low risk/reward compare to other harmonics but has higher winning percentage. Potential Trade: Short Entry:...
Symmetrical Triangle formation on CONCOR. Price may break on either side. Wait for price to break out from triangle to enter into the trade.
Bearish Cypher is about to complete on ULTRACEMCO. Wait for pattern to complete for entry. Trade: Short Entry: 3860 Target: 3550 Stop: 4090 Happy Trading!!!
Price broke and closed above symmetrical triangle. An opportunity for long entry. #Target 1: 425 #Target 2: 450 Happy Trading!!!
Gartley Pattern is about to complete on ABGSHIP. PRZ comes right in the previous support. Looks like a nice long trade opportunity.
Price is about to breakout from an ascending triangle formed on Balaji Telefilms. Good opportunity for long entry. Enter only if price breaks out and closes above the triangle. #Target 1: 102 #Target 2: 112 Happy Trading!!!
Symmetrical Triangle pattern is formed on ONGC. Wait for price to break out from the triangle. If it breaks out upward, go long. In case of downward breakout, enter the short trade. Target in case of upward breakout: 217 Target in case of downward breakout: 188 Happy Trading!!!
Price is about to breakout from an ascending triangle formed on Reliance Industrial Infrastructure. Good opportunity for long entry. Enter only if price breaks out from the triangle. #Target 1: 440 #Target 2: 460 Happy Trading!!!
Apollo Tyres may breakout from symmetrical triangle.
Bearish Gartley Pattern is completed. Time to go short.
Harmonic ABCD pattern is about to complete on Adani Power. An overbought RSI gives us additional confirmation to enter short.