PUNJAB NATIONAL BANKHello & welcome to this analysis
In my previous post on the bank I had suggested the likelihood of it declining to 103 where it had double bullish harmonic patterns. (link to that post is given)
Now the bullish harmonic Bat & reciprocal ABCD patterns are indicating the probability of a rally till 106 & 109 as long as it sustains above 100.
Immediate resistance at 104 with strong support near 102.50
All the best
Bullish Bat
THERMAX - Bullish Bat -Bullish Bat is a harmonic pattern as shown in pink.
-Usually, during the base formation post making a Bullish bat pattern, a lot of big players accumulate which is then followed by a sudden spurt in prices.
- I see a triple bottom being made in an upward trend line suggesting Higher Lows.
- The base length can vary depending on the market scenarios. Patience is required in this kind of bamboo shoot stories.
- Here the base pattern suggests a symmetrical triangle is being formed. Too early t
Bullish Gartley Pattern in Vodafone IdeaHi TradingView Traders,
I am seeing a Bullish Bat Harmonic Pattern in Vodafone Idea.
I am hoping that it’ll drop more 20%-22% from this point. Then a reversal is possible.
And Bullish Harmonic Pattern always tend to give greater returns.
Disclaimer: This is just for educational purposes and not any advice for trading to buy/sell.
Please share a valuable feedback in comments if you if you see any more patterns or ratios.
Give it a rocket if you like this technical analysis.
Bank Nifty Outlook- Harmonic, Historical & Impulsive 3rd Jan'24Disclaimer:
Trading in financial markets involves substantial risks. Please consult your financial advisor before making any trading decisions. This message is not a solicitation to buy or sell. Perform your due diligence.
WaveTalks - Market Whispers: Can You Hear Them?
Pattern Insight: Bullish Bat Harmonic Pattern
Measurements:
- X at 47411
- A at recent highs of 48636
- B retraced 44.5% of XA leg (from 47411 to 48636)
- C at 48450
Projected Zone for Point-D:
Expected Range
LAXMI ORGANIC - 77% RETURNS!!!BUY - LAXMI ORGANIC INDUSTRIES LTD
CMP - Rs. 265
Target - 1: Rs. 321
Target - 2: Rs. 377
Target - 3: Rs. 469
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Technicals -
1) Bullish Bat, Sea Pony, Anti Nen Star Harmonic Patterns.
2) Trendline Breakout
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Fundamentals -
1) Sales growth is growing at a healthy rate in the last 3 years 27.94%.
2) Net Profit is growing at a healthy rate in the last 3 years 38.96%.
3) Sales growth is good in the last 4 quarters at 24.95%.
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Follow me for more!
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This is a view by an expert analyst, p
SUZLON ENERGY - 65% RETURNS!!!BUY - SUZLON ENERGY LTD
CMP - Rs. 7
Target - 1: Rs. 9
Target - 2: Rs. 10.65
Target - 3: Rs. 11.65
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Technicals - 1) Bullish Bat Harmonic Pattern.
2) Targets set using Fibonacci Retracements.
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Comment: Target - 3 will be achieved in 4-8 months.
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HITACHI ENERGY INDIA LTD : SUMMERS HAVE KNOCKED THE DOORHitachi Energy India Ltd is an India-based power technology company, which is engaged in the business of power technologies and provides a range of grid portfolios across the entire value chain. As Summers are approaching , the stock has started showing off its mood. We have seen a breakout at triangle formation. Entry to be taken only after Re-testing of the support at 3184.90.
Awesome Oscillator indicator also showing trend line broken indicating an upward movement.
Long Term target is 4
Reliance at a crucial levelBroken long tern trendline, can it regain it?
Will reliance take support on the neckline or break it?
RSI on hourly chart shows positive divergence
I think it will bounce from here or will it take nifty to lower levels along with it.
Can be weak after a close below 2285
Stay tuned
💎 BATUSDT : 389.27% Profit Potential in Next 6 Months💣💣💣💣last 2-3 weeks we seen huge buying in BAT coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
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Buy NIFTY for target of 19589 Stop loss below 14120The Bat Man Potential Reversal Zone is defined by 1.27AB=CD Pattern ,1.62 BC , or 0.886 XA Retracement levels the zone is 15542 to 14662 ...
The Stop loss of for this Pattern is below 14120... for the target of minimum 19589
However one can wait Reversal pattern in daily or lower time for confirmation
Gujrat GAS LTD Bullish BAT and ALT BAT PatternGujrat GAS LTD
Currently in Heavy Selling mode.
BAT Reversal Levels - 490 to 491
And if Support is Broken then we may get chance near 464 to 466
GLong























