FIB Macro Retracment and long again BTC needs to retrace after 100% top in order to continue going up
AB=CD
HAL - ABCD bearish harmonic patternThis is purely technical analysis and educational in nature !
Recommendation: This is just a potential ABCD bearish Pattern. If the candle on 10th March 2023, is bearish with huge volume then there is a strong chance to short your trade. Also, look for any double tops or other indicators to support this bearish trend.
Note: Target 1 , Target 2 and Stop Loss is mentioned in the chart. Buy must be at the D Point for short trade.
Optional Reading Below
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1) What is a
Short
Bullish ABCD pattern in NiftyBullish ABCD pattern in Nifty (SL on 15 min. candle close)
PRZ for Buy 16918
SL 16800
Target : 17750, 18100
CMP 16972.15 @ March 15, 2023
Chart by CA Savita Rehlan
Long
natural gas (ng) mcx ab=cd with shark harmonic pattern Natural gas forming ab=cd harmonic pattern with shark harmonic pattern .
that pattern indicate =BUY natural gas between 221-19 add more 195.9 two days closing 168 below target 403-574-801
we kept two days closing stop loss just bcoz of weekly time frame..
above 247 closing will take sharp move for 300-403
around 403 should partial booking can consolidated or reverse from there for retrecment .
2 days close above 403 is non stop target will life time high ...
if all set then should not go and
Long
ASTEC LIFESCIENCES - LONG TERM - HARMONICSPotential Bullish AB=CD harmonic pattern.
Resistance marked basis on current swings fib retracement. Supports marked on the basis of Fib extensions.
If 1538 is broken, next support will be 1493.
Long
Tech Mahindra - Target 2000+Chart prediction is on Monthly charts and long term view if it follows this pattern
Similar to Wipro even Tech Mahindra is probably making diamond chart pattern.
The Fibonacci retracement support is taken at 78 percentile and consolidating since couple of months.
The Long term target in 1 to 1.5 years is 2000+
Go long once the stock closes above 1165 on monthly basis.
Stop Loss is 940 on monthly closing basis.
Long
Reliance completed ab=cd harmonic pattern @channel Reliance completed ab=cd harmonic pattern @channel bottom trendline
buy reliance 2381 above add more on EVERY dip till 2267 CLOSING STOPLOSS BELOW 2230 TARGET WILL 2498-2613-2736
more idea link attached below check and comments
Long
Reliance forecast - 2558 possibleThis is possible forcasting and not a confirmed trade
On a daily chart a bullish diamond formation is forming and yesterday an inverted candle has formed on charts indicating possible reversal.
If this continues uptrend then 2558 target is possible in coming few weeks. SL is 2290 on closing basis.
Long
TORRENT POWERTorrentpower sell below 474 add more 493 closing sl 515 tg 439-395
then will buy with butterfly @ 395 add more 372 closing sl 367 tg 439-474 -515++
ab=cd, and butterfly formation
we doing trade for d point after crossing b point coz already triangle breakdown and bearish bat pattern@ top and trading below 200 ema
TShort
Niftyintraday nifty ab=cd @ 15 min
short @ below 18139 add more 18184 stoploss above 18207 target 18097 17982-17886-17820
Short
HDFCAMCHDFCAMC
Result comming soon chart have trendline support
also forming ab=cd
BUY @ 1987-62
CLOSING STOPLOSS BELOW 1918
TARGETS =2122-2222-2300
Long
NESTELINDIA NESTELINDIA
NESTELINDIA Result is coming soon . price take support @ 200 ema , ab=cd harmonic pattern
BUY NESTELINDIA @19450
ADD MORE 19020
CLOSING STOPLOSS BELOW 18920
TARGETS 20050-20736-21103
BOLO JAI GAJANAND
Long
AdaniEnt ABCD PatternTime frame used 75 Minutes. ABCD pattern as per Fib retracement price has taken rejection at 0.5% level my view is negative with target towards Point D. View fails if price crosses and closes above 3904 level.
Short
Long
TataChem looking good for shortTataChem looking good for short, ABCD pattern formed also it has taken rejection from AVWAP(Pink color line) on Daily Time frame. Also Fib Retracement level of 50% at reversal. 3 confirmations.
Short
Bullish ABCD in Bajajfinsv 8-1-2023It is Bullish ABCD pattern seen daily tf can give good reversal from 1433 zone marked in the chart.
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss.
(Color code for horizontal lines: Green - Buy, Blue - targets, Red - SL). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to
Long
SBI Lifeay go upward till 1286 SL 1255 in week timeAs per Harmonic PRZ pattern, SBI Life may go up till 1286 SL 1255
Long
KINETIC ENGINEERING is at excellent supportstock is at confluence of E89, R1 PP and D point of ABCD pattern........looks excellent
Long
Tilak Nagar Industries Ltd (TI): Double Bottom PattenNSE:TI is showing bullish price actions:
Technical Reasons:
A double bottom W patten is created
Tried to see if it's a Harmonic XABCD patten, not fully complying with this
Volume is going up,
Current trend is uptrend
Strong Momentum: Price above short-, medium- and long-term moving averages
Fundamental Reasons:
1. FII / FPI or Institutions increasing their shareholding
2. Negative to Positive growth in Sales and Profit with Strong Price momentum
3. Highest Recovery from 5
Long
HDFCLIFE price studyPrice action to watch .
Possibility price to reach 510 if break below trend line.
Possible sell trade entry at CMP 540 with SL above 545.
In case of gapup, we could wait and observe if price closes again below trend line.
old demand zone below 510
Short
MARUTI SHORTEntry price: 8780
SL - 8830
Target - 8715
Note: View shared for educational purpose only. Conduct your due dilligence before making any trading/investment decisions.
Nifty analysis for 8th JulyThe real test now starts for Nifty. It has escaped 0.5 retracement by a huge gap up opening and now it has to face 0.618 retracement. If Nifty becomes lucky for the second consecutive time then 16250-16350 will be the key test. So do long very carefully.
Nifty 7th July ExpiryHere we have analysed Nifty50 index in 4H TF. If it breaks 16511 then XABCD will be activated and we can again come back to 15200 level. On the higher side 16600 to 16500 will act as a strong Demand zone as it has multiple strong PRZ there. Nifty can only recover if this range is respected.
Aarti Industries AnalysisAarti industries is a fundamentally strong bullish stock is in the best possible correction zone following the three drive pattern. As per my analysis this is the best time to buy as it is near 1.618 retracement phase.
Long