From Oct 2021 , NSE:BPCL has continuously made LH-LL in daily Time Frame. Now Price has Approached pandemic level and also its demand zone comes from the higher TF such as Weekly & RSI is showing the Divergence. A good buying opportunity arise if price sustains this demand zone (287-300). Price has already dragged much from the top level so buying...
NSE:SBIN has already activated Harmonic PRZ 1.272 level in weekly timeframe of the target price 583. BUY: if price sustains above 520-522. SELL: if it not sustains above 520. you may get some profit booking up to 475. Chances are more in favor of buyers to make new All time high so do accordingly.
The trend started from jun 2022 still continuing with the bullish price action in Weekly TF. Although Its visible that price soon enters into supply zone and also generated Bearish Cypher Harmonic Pattern with level of .786 at price 60.70. Levels are already mentioned in to the chart. Any rejection on upper side leads price to 50- 52. so do accordingly. If...
The bull run of NSE:MARUTI has reached at the same levels where it was rejected earlier in Jan 2018. The same we can get using bearish harmonic shark pattern with level of .887 at the price of 9400 in weekly TF. So we can calculate Supply zone in-between the range of 9400- 9700. There will be higher chance of correction from here. BUY : Buying opportunity...
Due to Ukraine-Russian war, CAPITALCOM:OIL_BRENT price was sharply accelerated But from Jun 2022 , price was making lower lows after unable to close the high and defeated. So how far it can go, for that we need to understand price action in higher time frame. Weekly TF (higher Timeframe) : After Pandemic deep , Price clearly making higher- highs and also...
The Trend has started by NSE:ITC already reached at the supply zone and also touched the level of 1.131 (Bearish Shark Pattern) at price 338.30 in weekly TF. As per the previous candle closing with rejection, we might assume some profit booking here. SELL : Short opportunity only arise if price breaks the previous week candle low which is 329.70 . BUY:...
NSE:HDFCBANK has already activated Harmonic Shark Pattern with the PRZ level 0.886 and 1.13 with target price 1480 and 1540 respectively . BUY : If price sustains above 1422,you will see good upside momentum in price. SELL: below 1422 this pattern will be invalidated.
NSE:JINDWORLD bounced from the demand zone at the level of 180 -193. Buying opportunity only possible when price again retest that level and more volume & momentum arise.
NYSE:HAL has made Bearish Cypher with PRZ level 0.786 at the price 26.10. Price has already made confirmation in last day and RSI also indicated divergence. BUY: above 29.35 gives buy opportunity. SELL: Bellow 26 , Price creates further correction.
Since sept 2021 , NSE:BALKRISIND has changed the price action and started to making lower lows. So to find more opportunity, we have to understand and take a look from higher TF. Weekly TF(Higher timeframe) - As in weekly TF, a bullish trend started from March 2020 has been stopped somewhere in Sept 2021 and trend has shifted. In between , A rising wedge has...
NSE:ADANIENT has reached out its fuel. Every up move the volume is getting down and the size of the candle is getting smaller even after broke the all time high , still the momentum is getting lost. What I believe the up move sustains till 2560 and then after you will see a good correction. Still this stock is not believed in any technical analysis but those...
NSE:ICICIBANK has already nearest to the PRZ level 1.272 at 805-806. There would be higher chance of correction at this level. BUY: Those who have can book their profit or New buying will come when it takes the pullback up to 755. SELL: You can take a short after price will show any rejection.
FX_IDC:USDINR has already activated harmonic bat pattern with 0.886 and 1.13 level at price 76.14 and 76.74 respectively. Any pullback above point B will create Buy Opportunity and below point B pattern will invalid.
NSE:MARUTI is Showing Bullish Multi month Breakout and Harmonic Butterfly pattern with target 8500 -9200 . Although it might be consolidate at the range of 7650-7800 if It break the level of 7800 and sustain above higher chance the momentum will come and the Harmonic Pattern will activates and you will see T1 and T2 as well. Suppose it will not sustain and...
Currently , NSE:RELIANCE is taking support at the dynamic trendline. It has already been activated Harmonic Bat pattern with PRZ level 0.886 at 2204. BUY : If It is continue falling then Buying opportunity will only happen when price holds at 2200 and makes confirmation candle or price has to hold above 2500 level with breakout candle. SELL : Level of 2400...
Considering last week candle, NSE:AUROPHARMA has already given confirmation of further sign of selling . Price has created harmonic Shark pattern with PRZ level 0.886 and 1.13 with price 651.70 and 548.75 respectively. As we have witnessed of bounce from 0.886 level but not sustained above 200 MA. Two things are possible here : 1. It again takes confirmation...
CAPITALCOM:COPPER creates harmonic butterfly with level of 1.272 at price 4.502. The pattern will only activate when price cross over B point which comes at the price of 4.4270 and sustains above. TTM Squeeze : Positive VZO : positive
NSE:ICICIPRULI has already been generated Bullish Harmonic Bat pattern level of .886 at price 540. Trend reversal confirmation only comes when price will hold 540 and above level and generates HH- HL. BUY : Buy will only happens if price retests S1(523-543) level again and creates reversal candle with good Volume . SELL : Any rejection candle at resistance...