AB=CD

Short MindTree : Raining repetitive ABCD's !Though there is potential chance of pullback in Mindtree upto 445's, chances are bleak. Once the day close below 435 happens, it will race down till 410. Note, how well it aligns with ABCD pattern, when the pattern gets completed in our zone it forms another harmonic pattern around 410 zone. Anyway go down on lesser timeframes & check for potential selling chances to get into trade n ride till 410 :)

Another ABCD on BankIndia !(i) RSI overbought (ii) ABCD completion (iii) Check with fibs aligns perfectly as resistance Check your plan before entering the trade :)

Voltas bearish AB=CD pattern on weekly chart Probable down trend for Voltas This analysis is just for study

LONG BANKNIFTY AB=CD Target 25000 Stoploss 19000

by MayurAhirrao

AB=CD in EICHERMOT CD leg is in formation on daily chart of Eicher Motors Ltd. Target prices 25550, 26640 and above.

by SadguruLineArts

ABCD Pattern - Educational series 1 Hi All , I'm just sharing info on pattern : ABCD pattern where price moves down from A to point B than rises to point C and again falls to point D , AT point D we can look out for potential reversal . 1)Lets say AB is down leg , And BC is retracement which is 0.618 or 0.786 of AB i.e Length or height of BC = ( 0.618 or 0.786 ) x length of AB 2) After BC leg there is another leg down CD which is 1.27 or 1.618 of BC i.e Length or height of CD = (1.27 or 1.618 ) x length of BC Than after all these mathematics we can lookout for Point D as potential reversal zone (short form PRZ) i.e since in the above we consider AB and CD as down move , than at point D we should be looking for buying opportunity . RULES : 1)Wait for buying signal , Just that 1.27 extension is complete doesn't mean its a buy it can extend to 1.618 also. 2) Approximate values may work i.e instead of 0.61 , it can be 0.59 or 0.63 but it should be any thing like 0.41 Finally Remember the ratios : BC= 0.61 or 0.786 (AB) CD = 1.27 or 1.618 (BC) Point D is potential reversal zone

ZEEL Bearish ABCD Pattern It is been observed that the price action formed a bearish ABCD harmonic pattern on daily and hourly chart indicating further move down. Target: 500 Stoploss: 520

ABCD pattern in AIA Engineering CD leg is in formation and price might move up to 1545 if steady above 1365 levels. Good to go long above 1365 with target of 1545.

TATA COMMUNICATIONS "D" Level done. Price action (Bearish engulfing & Doji at 770/760 levels) suggests bull rally may be over. Seems short below 727 ( 1.414 Extension of Fibo) for the target of 695/625 with the stop loss 757. Time frame 12 to 16 days.

Bullish Harmonic Pattern - NTPC (4Hrs)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 Target-2. Follow this idea for further updates. Happy Trading!

Bearish ABCD formed in Ajanta Pharma Bearish ABCD formation in Ajanta Pharma might push the price to 1101 level. I would wait further for any long term investment.

AB=CD Pattern on ADANIPOWER Harmonic ABCD pattern is about to complete on Adani Power. An overbought RSI gives us additional confirmation to enter short.

Bearish Garley on AdaniPorts Bearish Gartley and AB=CD are about to complete right at a 1.272 Fib Ext.

ABCD Diamond formation on Sun Pharma - LONG ABCD Diamond formation on Sun Pharma and RSI oversold at 1 hr. Trade: Buy above - 635 Target 1 - 643 Target 2 - 650 Stop Loss - 625 Reward Points - 15 Risk Points - 10

ABCD Triangle formation on BPCL - LONG Technical Analysis: RSI above 50. MACD on bullish crossover and Histogram on above '0' line. Stochastic on bullish but in overbought level, so may be take some time to make correction. Price lying above the EMA 50 and EMA 5/20 bullish crossover. Trade: Buy above - 631 Target 1 - 637 Target 2 - 642 Stop Loss - 625 Reward Points - 11 Risk Points - 06

ABCD Diamond formation on Sun TV - SHORT ABCD Diamond formation on Sun TV. RSI Overbought condition and it may have correction. Trade: Short Below - 514 Target 1 - 508 Target 2 - 500 Stop Loss - 520 Reward Points - 14 Risk Points - 6

ABCD Diamond formation on ZEEL - SHORT ABCD Diamond formation on ZEEL and price may fall from 0.236 to 0.382 fibo level. Trade: Short below - 458 Target - 453 Stop Loss - 461 Reward Points - 5 Risk Points - 3

BANKNIFTY LOOKING POSITIVE (ABCD PATTERN COMPLETION)It is been observed on the daily chart that the price action reaches to the strong support levels and completed a ABCD bullish pattern. It is indicative of an upward move ahead. It shall reach to 38.2% retracement of A to D leg. Target (1): 18600 Target (2): 19000 Stoploss: 18100

Nifty : Not a One-Day,Its Test Match Now ! Yes ! Nifty gonna be a test match which is going to test your patience in coming days. Markets opened already, but I'm not altering the analysis which I did for the day, posting it out as it is I did in the morning,No Changes. Hey Guys, Note - this is not single day post, Refer this for coming days probably next 3-5 days. It will be valid for 3-5 days.Wednesday(Nov 9) being vital here. We are looking at 3 vital zones for Nifty (i)8470's zone (ii) 8550's zone (iii) The zone in-between. Now lets explore each zone & what it says about our Nifty ! (i) 8470's zone : Nifty will test n tease us many times near this zone today. With every retest bounce back few points up, may even complete our first half of Double bottom to reach 8500's-8520's. Incase of Nifty breaking this zone with swift move today or Monday (include Tuesday too), it opens up few other interesting scenes with US news events. If it happens today Superb ! I will explain the scenes later after 8470 is taken away bcos its like pandora box, lets not open now. (ii) 8550's zone : The next important zone which is above Nifty & act as immediate resistance for upside potential in short-term.There can be other patterns forming to reach this 8550's if we some action in next 2-3 trading days. Here also News acts as big trigger depending on euphoria surrounding the markets 8600 Gap will be filled. Why ?? Bcos we know our Gap theory, atleast for past 6 months I explained it quite often. (iii) In-Between zone (8470's - 8550's) : One word - Range ! So scalp as much as you can if you want to else take a day off enjoy your life,watch a movie, Go around the city. This zone is direction-less & clue-less region like our human lives trapped on surface of earth which is between Sky & under-ground. We roam around directionless searching something, same-way Nifty will be running around in this zone (8470's-8550's) without any proper direction. We have ABCD pattern completion also, probably will act as gap filler of 8600's - I don't know ! But what I know for sure is we have analyzed pretty much everything for Next 2-3 days and what Nifty will do based on various scenario's. Depending on those check back with your own analysis & Decide to trade or scalp. Few get confused in curiosity of Learning, that they combine every strategy with everything available - don't do so ! Keep things separate & clear, it will help you to get better understanding, Don't combine every strategy available. We know Sell the News, Buy the Fact statement. We have witnessed it in one of my earlier posts few months back but I forgot the post name. But I prefer to make My stand clear - " News is Noise, charts will show us whats coming Next except rarest scenario's" Nifty Test Match is ready to Test Our Patience !

Reliance Breaks Support (Sell Setup)It is been observed that the price action is trending down as it makes Lower High (LH) and Lower Lows (LL) sequence, indicating a down trend is continuation. Now, the price action breaks and close below crucial support levels of 1055 which indicates further move down to the next support levels at 1033-1030. It is also to be noted that the price action is in progress of completing a bullish harmonic ABCD Pattern. Target: 1033 Stoploss: 1075

Hero Motors - ABCD Bullish Pattern It is been observed that the price action forming a bullish ABCD pattern, indicating further move up. It has retraced to 23.6% levels and now it shall further move up to 38.2% levels. Target: 3482 Stoploss: 3375

WIPRO: Accumulation Zone A-B-C-D nearing completion at 460. good time to start accumulating from a year's perspective. stop-loss 433 (closing basis)

BankNifty : Brothers think together !Brother's have similar characteristics, rarely they move in opposite direction depending on personal situations. Yes, Nifty & BankNifty only, as of now by looking at 15 min chart with ABCD completion & channeling, Banknifty is similar to previous post on its big brother Nifty. Though ABCD pattern completed earlier, Targets are not achieved yet & its ranging within channel. A little more swing on 15 mins can form a triangle if it happens in the marked range. Note, the triangle is drawn on imaginary purpose, its not triangle yet but the channel is valid. I don't prefer to call it as Flag. So aim for the breakout, I have no idea upside or downside checking at 15 mins, we may have a better view when I check on 4 hr. But anyside breakout is fine, just go in with proper stops. BankNifty will look to fill the gap around 19000's but will it happen on this channel's breakout, is the Question before us ! When the breakout happens go with proper stops & trial it, bcos we are aiming at 400 points on 15 mins which is little big & it won't happen in a day or with straight fall down ( pullbacks will happen). Now, coming to upside scenario, just one thing if 19500's crossed and we get valid close, there is no stopping till 19800's another 400 points. It all depends on channel breakout only but take care of false breakouts. I will post that 4 hr view in comment section. One more thing guys, I won't be availabe at trading desk 2mrw ( not trading next 2 days), so I will be using via mobile only ( Thursday & Friday). Private Message's will be difficult to reply in mobile, But I will reply all your queries in comment section - as & when I'm on :)