📊 SPARC |
Monthly Chart Analysis
A Potential Bearish Harmonic X-A-B-C-D pattern is developing on the monthly chart.
🔥 Strong Resistance / PRZ: ₹430–₹475
📉 Major Trendline Resistance: ~₹450
🟢 Bullish Scenario
Above ₹225 on a strong monthly close:
🎯 ₹300 → ₹350 → ₹400+
🔴 Bearish Scenario
Rejection from ₹180–₹170 + breakdown:
🎯 ₹140 → ₹100
📌 Current Price: ~₹208
📌 Major Support: ₹100–₹110
📌 Key Decision Zone: ₹430–₹475
The ₹430–₹475 zone is the BIG level to watch.
⚠️ Pattern confirmation is required before taking any trade.
⚠️ Technical analysis only. Not a buy/sell recommendation.
#SPARC #HarmonicPattern #TechnicalAnalysis #NSE #StockMarket #SwingTrading #PriceAction
Monthly Chart Analysis
A Potential Bearish Harmonic X-A-B-C-D pattern is developing on the monthly chart.
🔥 Strong Resistance / PRZ: ₹430–₹475
📉 Major Trendline Resistance: ~₹450
🟢 Bullish Scenario
Above ₹225 on a strong monthly close:
🎯 ₹300 → ₹350 → ₹400+
🔴 Bearish Scenario
Rejection from ₹180–₹170 + breakdown:
🎯 ₹140 → ₹100
📌 Current Price: ~₹208
📌 Major Support: ₹100–₹110
📌 Key Decision Zone: ₹430–₹475
The ₹430–₹475 zone is the BIG level to watch.
⚠️ Pattern confirmation is required before taking any trade.
⚠️ Technical analysis only. Not a buy/sell recommendation.
#SPARC #HarmonicPattern #TechnicalAnalysis #NSE #StockMarket #SwingTrading #PriceAction
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
