📊 **KFin Technologies | Bearish Harmonic Setup**
KFin Tech is testing a **major resistance / Potential Reversal Zone (PRZ) at ₹992–₹1,010**.
The chart is showing a **potential Bearish Harmonic X-A-B-C-D structure**, with price approaching the completion/reversal area.
🔴 **Bearish View**
Rejection from ₹992–₹1,010
↓
₹960 breakdown
↓
🎯 ₹920
🎯 ₹880
🎯 ₹860
🛑 **Risk / Invalidation:**
Sustained breakout above ₹1,010–₹1,020
🟢 **Bullish Scenario:**
A strong daily close above ₹1,010 with volume could invalidate the bearish setup and open the way toward ₹1,035–₹1,060.
📌 **Key Levels**
PRZ: ₹992–₹1,010
Support: ₹920
Major Target Zone: ₹860
Current Price: ~₹970
⚠️ Harmonic setups need confirmation. Watch for rejection + breakdown rather than selling blindly into resistance.
#KFinTech #KFinTechnologies #HarmonicPattern #BearishSetup #TechnicalAnalysis #NSE #StockMarket #SwingTrading #Trading
KFin Tech is testing a **major resistance / Potential Reversal Zone (PRZ) at ₹992–₹1,010**.
The chart is showing a **potential Bearish Harmonic X-A-B-C-D structure**, with price approaching the completion/reversal area.
🔴 **Bearish View**
Rejection from ₹992–₹1,010
↓
₹960 breakdown
↓
🎯 ₹920
🎯 ₹880
🎯 ₹860
🛑 **Risk / Invalidation:**
Sustained breakout above ₹1,010–₹1,020
🟢 **Bullish Scenario:**
A strong daily close above ₹1,010 with volume could invalidate the bearish setup and open the way toward ₹1,035–₹1,060.
📌 **Key Levels**
PRZ: ₹992–₹1,010
Support: ₹920
Major Target Zone: ₹860
Current Price: ~₹970
⚠️ Harmonic setups need confirmation. Watch for rejection + breakdown rather than selling blindly into resistance.
#KFinTech #KFinTechnologies #HarmonicPattern #BearishSetup #TechnicalAnalysis #NSE #StockMarket #SwingTrading #Trading
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.