POTENTIAL BULLISH BAT, Long SetupOn Ashok Leyland 30min chart, we have a potential Long opportunity at the D leg completion of bullish BAT setup .
The price reversal zone is between 87 & 86.
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 - 89.4
Target 2 - 90.9
(When looking to take targets on the bullish Bat Setup the first step is to use your Fibonacci retracement tool. With your Fibonacci retra
Bullish Bat
Potential Bullish BAT on TCS hourly ChartOn TCS 60 mins chart, we have a potential Long opportunity at the D leg completion of bullish BAT setup .
The price reversal zone is between 2424 & 2404
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 - 2487
Target 2 - 2525
(When looking to take targets on the bullish Bat Setup the first step is to use your Fibonacci retracement tool. With your Fibonacci retracement
Potential Bullish BAT on Nifty 30 min Chart @ 8901Hi,
On NIFTY , 30 min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup .
The D leg completion of BAT is @ 8901 (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 - 9022
Target 2 - 9097
When looking to take targets on the bullish Bat Setup the first step is to use your Fibonacci retracement tool.
With your Fibonacci ret
Bullish BAT spotted on ICICI BANK Hourly Chart.On ICICI 60min chart we have a potential Long opportunity at the D leg completion of bullish BAT setup .
The price reversal zone is between 259.8 & 255.
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 - 272
Target 2 - 280
Trade with Care
Gulz
POTENTIAL BULLISH BAT SETUP on 1hour ChartOn the GLENMARK PHARMA, 1 hour chart we have a potential long opportunity at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 876 & 833
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure resistance .
Target 1 - 913
Target 2 - 937
Trade with Care
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!
BankNifty : Bats n Elliots, can we bank on them ?!Banknifty last week hit trailing stops and I exited my positions for breakeven, booked 50% only on 1st Target. So its a ok-ok trade only.No we have potential bat pattern completion & ABCD pattern completion around same zone in BankNifty, so guys when 19250's are reached be vigilant. Another thing Banknifty is not like usual stocks which trades in 100's, we are looking at 5 digit number here, so a simple more of 100points is nothing for BankNifty, Take care of your stops and where it needs to go.
Nifty : Will you ever get out of this crooked Ranging Mindset ?Below is Conversation Between Nifty & Myself :
" Why Nifty ? Why ?? Little irritated with you. Dear Nifty, Isn't it bad to repeat same things again ??? How can we trade if you Range like this ?
Nifty, its good for you if you get out of this Mindset and Do some unique move on your own, we will appreciate your moves Nifty. Just Don't repeat things,thats all I ask to you Dear Nifty ! "
Did I get bit harsh on you, Nifty ? Don't Range !
Happy Trading !
Nifty 50 : Potential Gartley & Bat patternIn Nifty we have two potential patterns, when there is potential patterns bcos of greed we tend to trade CD moves, its really bad habit. You should not trade CD move during your learning phase of patterns. The safest setup is to trade after pattern completion from D point.
In Nifty, a week before we had more than 300 points in 10 days just by patterns but that doesn't mean that pattern is winner everytime, we should realize that fact. The above patterns may or may not complete. If it completes
Ambuja Cements : Bullish Bat pattern completionI don't know why its raining patterns everywhere... Just one short caution : Trade patterns only if you are well-versed with it and if you know its success ratio.
We got bullish bat pattern completion in Ambujacem exactly in support zone ,similar one we got in ashok leyland also. GSTbill looks good for cement and auto's, so I'm expecting gapup, though in Nifty I expect Gap down bcos of profit booking (sell on News) & .
Happy Trading !











