Butterfly
KAYNES TECHNOLOGYSL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Two Possibilities in NIFTYWhile Considering the Positive Outlook first to satisfy our souls and urge to see NIFTY in Green; I found a Butterfly Pattern with a possibility of reaching out to 24857.75, B Leg.
On other hand if there is any negative news spreading out and FII are good enough to bargain best price they may take this up to 21653.30 creating a downtrend in NIFTY forming AB=CD Pattern
All these are approximate levels.
I am not a SEBI Certified RA. This Idea is completely educational based on Harmonic Technic
TRENTTrent given head and shoulder breakdown and target has been completed @ bottom trendline
recently it create butterfly harmonic pattern @ trendline
rsi divergence @ completion of butterfly harmonic pattern
Buy TRENT above 1223 add more 1182 closing sl below 1131
Target=1300=1362.55-1496.8-1569.55
(Revised stoploss @1183 crossing above 1248)
BULLISH BUTTERFLYTATA TECHNOLOGIES, is forming a “bullish butterfly” pattern with PRZ1@867.55, PRZ2@850.15 and PRZ3@871.20
First pattern got failed as terminal bar doesn’t show any reversal sign and it also formed as resistance for terminal bar + 1 candle.
Hence new reversal zone for pattern is calculated.
HFCL Next 2 weeksSL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Banknifty Next 2 daysSL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Nifty Next 2 daysSL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
TCS Hold 1 or 2 weeks
Entry @ 4450 to 4455
Risk 15 points
Target 1:5 and 1:8
SL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Heranba IndustriesSL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Nifty Next moveSL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
SELL JUBILANT FOODWORKSshare name : jubiLant food works
call type : sell
- share is forming a bullish butterfly pattern with ab=cd structural
- evening star on a point and tweezer top on c point
- currently share is breaking b point which is the neck of bullish butterfly pattern or you can say double top , in upcoming we can clearly see levels of 155
Thanks
Bullish# Define inputs
input lookback = 1;
input minVolumeMultiplier = 1.5;
# Calculate engulfing condition
def engulfingBullish = close > open and open < close and close > open;
def volumeMultiplier = volume / Average(volume, lookback);
# Plotting the bubble if engulfing condition is met with high volume
plot engulfingWithHighVolume = engulfingBullish and volumeMultiplier >= minVolumeMultiplier;
# Mark the candle with a bubble
AddChartBubble(engulfingWithHighVolume, high, "Bullish Engulfing", col
Bullish# Define inputs
input lookback = 1;
input minVolumeMultiplier = 1.5;
# Calculate engulfing condition
def engulfingBullish = close > open and open < close and close > open;
def volumeMultiplier = volume / Average(volume, lookback);
# Plotting the bubble if engulfing condition is met with high volume
plot engulfingWithHighVolume = engulfingBullish and volumeMultiplier >= minVolumeMultiplier;
# Mark the candle with a bubble
AddChartBubble(engulfingWithHighVolume, high, "Bullish Engulfing", col
ABFRL's Harmonic Patterns and Potential TargetsHarmonic Patterns: Cypher and Anti Butterfly
Upon examining the chart, we observe the presence of two harmonic patterns: Cypher and Anti Butterfly. Harmonic patterns are geometric formations that indicate potential trend reversals. Traders often employ these patterns to identify favorable entry and exit points in the market.
Support on RSI:
In addition to the harmonic patterns, we notice a good support level on the Relative Strength Index (RSI), as indicated in the attached chart. The RSI is























