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...
NSE:TCS is soon to Fill-up their gap but there is a plot.
As you can see the previous day was created as shooting star candle which indicate sellers would not allow to go price further and also you can see it has touched 61.8% of Fibonacci level at 3757. So both scenario strongly says that price could take reversal.
But any Gap up above 3557 leads price up to...
NSE:ONGC already has nearest to their supply zone (143 - 145) and has activated Harmonic BAT pattern with the level of 0.886.
BUY : Buying only applicable if price will cross above 145 level and sustains to close on daily basis with high volumes and good momentum.
SELL : If any rejection at 143 -145 , might activate Sellers for selling up to 128 -131 and...
Yesterday, NSE:NTPC has broken the dynamic Support trendline. It has already been activated Harmonic Butterfly pattern with PRZ level 1.272 at 113.
BUY : If It is continue falling then Buying opportunity will only happen when price holds at 112 to 116 and makes confirmation candle.
SELL : Any gap up to 124 - 126 will create a short opportunity .Confirmation...
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...
Currently, BSE:DIVISLAB having witness of tremendous selling pressure for last couple of week and creates bullish harmonic Shark pattern with the PRZ (Prize Reversal Zone) level 0.886 at price 4317.
BUY : buying only happens when price will touch at the Demand zone (4196-4336) and making confirmation candle.
SELL : Our target would be up to supply zone...
Metal Sector NSE:CNXMETAL already seems negative and international CAPITALCOM:COPPER has also beaten down from new corona virus concern.
It is undoubtable that NSE:TATASTEEL shows bearishness from past 3 week and nearest at PRZ (prize reversal zone) which comes from Harmonic Bullish butterfly pattern 1.272 level at price 1025 but still sentiments are...
As Crude price going down , NSE:ASIANPAINT creates opportunity for upside with target 3438 and 3598 as T1 and T2 respectively.
BUY : Although traders can buy if the price comes at 3200-3150 level and respects it then it will create further
momentum for upside with great volume and SL would be in the rage of 3040-3045.
SELL : Sell opportunity only...
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...
NSE:BHARTIARTL is Trying to form BAT Harmonic Pattern with level 0.886 and 1.13 at target 743.70 and 763.85 respectively.
Confirmation only comes when price cross 708 and sustains and pattern will invalid if price goes below 684 level although there is major support at 668.
Aggressive Traders can buy above 700 level with SL 685-687 for the Target of 743-764 ...
GMR INFRA making Bullish Bat Harmonic Pattern with Positive Convergence showing in RSI.
Stock confirmed support level at 27.50 and may continue in range for some time to attract more buyers.
NOTE : Any NEWS & Earnings create stock more volatile so follow the strict SL as per your risk apatite.
Stock has already done 61.8% retracement and RSI(2) is 3.35 , It will Pullback at the 78.6%(524.40) and same Price band shown by Harmonic PRZ.
If It will break the above level and close below the 515, Then downward trend might be continue up to 500.
NOTE: Any Long/Short trade have to follow strict SL for reversal.