Trading ABCD Harmonic Pattern

The AB=CD or ‘lightning bolt pattern‘ Harmonic Pattern AB=CD is a reversal pattern that helps you identify when the price is about to change direction AB=CD pattern is a four point harmonic pattern which may be considered the developmental basis for other harmonic patterns. A-B leg when a market is trending upwards, the first leg … Read more Trading ABCD Harmonic Pattern

Bank Nifty Ready for the big move

As discussed in Last Analysis  Now Bulls need to hold 31800 for rally to continue towards 32150/32350. Bears will get active below 31750 for a move back to 31500/31324, Low made was 31628 so bears waiting for the target of 31500/31324. Bulls will get active above 31820 for a move back to 31978/32067.As per time … Read more Bank Nifty Ready for the big move

The Essence of a Trading Process

At the broadest level, trading consists of analyzing, synthesizing, and doing. Analyzing is extracting information from markets, immersing ourselves in data.  It is our look through the microscope. Synthesizing is assembling those data into a coherent picture, extracting pattern and meaning from the reams of market information.  It is our telescopic view. Doing is taking … Read more The Essence of a Trading Process

Trading using Harmonic Pattern

Amar Raja Positional  Traders can use the below mentioned levels Close above 749 Target 761/775 Intraday Traders can use the below mentioned levels Buy above 749 Tgt 756, 765 and 775  SL 744 Sell below 741 Tgt 735, 729 and 720  SL 746 Jubilant Food Positional  Traders can use the below mentioned levels Close above … Read more Trading using Harmonic Pattern

Bank Nifty Weekly Expiry Analysis

As discussed in Last Analysis  Now Bulls need to move above 31770 for a move back to 31947/32036/32216. Bears will get active below 31500 for a move back to 31324/31148. Bears got whipsawed below 31500 and bulls above 31770 did 2 target on upside as we bounced from gann angle support. Now Bulls need to … Read more Bank Nifty Weekly Expiry Analysis