The PRZ for this one is between 9275 and 9080. A Harmonic Pattern on Daily Charts is significant and often causes turnaround of the markets... Lets see wht happens :)
Bearish Gartley on expiry day !
Perfect Bat formation on TATASTEEL . Buy above 481 . sl below 470
Titan is in a Uptrend, and this Bullish Bat suggests a Buy at these levels. The PRZ is between 449 and 443. Can buy at current levels of 449 with sl at 443
This Bullish Butterfly suggests long on Tata Steel. Buy strictly above 473. Thts the level suggested by the PRZ
Harmonic Patterns occuring at Supply/Demand Zones are powerful. Maruti is right at the supply zone marked on the chart... plus a bearish Shark !
Harmonic Patterns on bigger timeframe charts can be powerful. Reliance is going thru an Upward blast. This pattern has the power to stop this march ONLY if price breaks below 1230 as shown in the shaded PRZ .. The upper level of this PRZ is 1320 ... As you can see since past three days Reliance is not able to close above 1320. If Reliance breaks 1320 and closes...
Playing this Bullish Harmonic pattern on BharatFin right now
We prefer Harmonic Patterns with atleast 25 bars. This one is a less significant Bearish formation on Nifty but u never know :)
Harmonic Patterns are very powerful at Demand/Supply zones.
This textbook perfect Bullish Gartley on H1 Reliance formed the base of the following upward Blast of the Stock !
We often wonder, why does a stock just stop dead and reverse at a price point... The harmonics which work in Nature, apply to markets too ! This is a perfect example of a Bullish Butterfly on IndusInd Bank H1 timeframe. Stock is already up 3% after tht.
Down move may be arrested ... Looking for Longs above 8645
Bullish Bat formation on Nifty 15M charts plus support zone 8750-8770 ... Might contain Nifty !
Harmonic Patterns when formed, have high success rates...