Bullish Bat
SunTV - Bullish Bat - 50% return in 1 yearSunTV Network has just confirmed the bounce at the baseline of the Bullish Bat formation, signalling an upside to 900.
The middle point is at the 50% level considering the first peak, and at 61.8% considering the second peak of the bat.
This, makes it an even more convincing investment to make in the next year.
Nifty - Market Opens - Magic Starts 10900-10925 Zone 13:06 Hrs 26th Sep 2018
Last Price@11015
Hello Readers
Recent Low @10993
Pardon me for saying wrong figures over the video at 7:17 & 7:35 length of the video.
Key Zone
Mentioned only one important support zone in the video - 10975-11000 zone
Magical Zone
Critical zone 10900 - 10925 (Not mentioned over the video)
Trading Strategy
Buying in 10975-11000 zone or later in magical zone 10900-10925 - Below 10900 - we will wind up which is slight modification over the video suggestin
Bharti Airtel: Heading For Bat CompletionThe bullish bat PRZ may act like a magnet to pull the price towards 395 odd levels. Price has already broken out of a pennant pattern and resuming the downtrend. The 407 could act as a minor support.
Short term traders may take advantage of the shorting opportunity. The long term traders may look for covering shorts in the specified zone and think of accumulation keeping into consideration the overall market scenario.
Regards
Bravo
Fib-Confluence Analysis: Two ScenariosBrief analysis
I see a sharp bounce from 9222. This low was just shy of the Gartley PRZ near 8700. It has been approaching a possible reaction zone near 13000 and strong resistance near 14000. Price action there will reveal the future course of action.
We have strong support at 8700. The traders should turn bearish only below 8700 because then there will be a potential for 4900-5000, which is the Bat PRZ. Till then enjoy the up move.
Hope this analysis will help bitcoin traders to develop t
The Perfect Bullish Bat Below 10094Hi fellows, hope you are doing great with your trading. I wish you all the best for the coming week.
In my previous post I shared my observations with the expectations that the index will achieve higher levels in the coming days. Unfortunately, I had to take trades in the reverse direction, later in the week, in order to mitigate my losses. It is all part of trading and I need to be flexible in this profession. The stubborn will be blown away by the winds, but only the flexible will survive th
Mindtree: The Bullish BatI don't know why I reverse trade these patterns. But So far it has yielded handsome returns. A bullish bat seems to have been developing and PRZ is still far. The stock has been in a downtrend since June end, so why not take a trade in the direction of this trend rather than waiting for reversal.
A small downward sloping triangle seems to be developing. I don't say that it will break down but if it does I will go short below 475 with a stop of 486 for a possible target of 460. After that we may
MShort
POTENTIAL BULLISH BAT- SWING TRADE SETUPHey,
A potential bullish bat is near its D leg completion & it may be a good candidate for next week for swing long trade.
Trade levels highlighted on chart.
let the price hit Potential reversal zone (PRZ), watch price action on lower time frame before go long.
Trade with care
Gulz
DUAL TRADE SETUP - POTENTIAL HARMONIC BAT Hi,
A Potential bullish BAT pattern under formation on 60 mins chart of PNB.
Price broken higher time frame (4 hour) trend line & inching down, which gives us an excellent risk/reward short setup (BAMM move form B leg to D leg).
Trade levels as follows.
TRADE 1
( BAMM MOVE) - SHORT SETUP
ENTRY 147.5 or below
STOP 148.6
Target 143.8
Risk/Reward : 3.4
Once the pattern completes D leg, we will have a long setup based on the price action.
TRADE 2 - LONG SETUP
ENTRY 143.8
STOP 140.7
Target 1:
Potential Bullish BAT on Biocon hourly ChartHi,
We may get potential bullish bat long setup on Biocon hourly chart.
Trade levels shown on chart. As Usual, Risk/Reward is highly favourable for Bat setup.
Also a RSI BAMM may develop for this trade - Watch out RSI while price enters in PRZ.
Trade with Care,
Gulz
BULLISH SHARK DONE IN TATA STEEL, NOW TURN FOR A BULLISH BAT ?Hi,
Thanks @razultull for spotting the patterns.
Intact there was a shark right behind the BAT & it would have been a juicy trade but we missed it.
So there is a bullish bat harmonic pattern is developing on 30 mins chart & the D leg of the BAT coincides with support trend line (green colour on chart). D leg completion is at 468.5 (PRZ).
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Stop loss would be placed below X leg structure
BULLISH BAT LONG SETUP ON TATA MOTORS - 460.7Hi,
On Tata Motors , 15 min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup .
The D leg completion of BAT is @ 460.7 (PRZ).
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Stop loss would be placed below X leg structure support .
Target 1 - 466.9
Target 2 - 470.7
When looking to take targets on the bullish Bat Setup the first step is to use your Fibonacci retracement tool.
With your Fib























