H.I.T. HARMONIC trading patterns & ICHIMOKU Training (webinar) courses
Rigveda Ano Bhadrah Krathavo Yanthu Vishwathah - Let knowledge come from every direction.
Nick weds PC! - There was a time Indians married Americans for Green card. Now young Americans marry Indians to get Aadhar card.
Aur kitne acche din chahiye? 🤣😂😀
An avg trader's mind is possessed more with fear than greed. In a downtrend always eager to square shorts at the 1st instance of a fall. In an uptrend always impatient to exit longs at the slightest resistance or sideways trend. Always obsessed with supposed CONTRA probability.
#Nifty
near its weekly 108ema {15300) last time that was tested was back in Sept 2020 which then led to a very strong rally. For now, lets see if it holds and gives a bounce (reversal can be reviewed later)
Critical issues messed up by traders:-
(1) Addiction - always looking for a trade (even post markets/weekends).
(2) Desperation - to recover losses. What is done cannot be undone. Rebuild slowly & steadily.
(3) Frustration - as the above 2 continue to dominate.
Resolve them 1st
If market reacts negatively then tomorrow on TV Udayan Mukherjee followed by Marc Faber and Shanker Sharma. If market rallies then tomorrow on TV Ramesh Damani followed by Porinju and Rakesh Jhunjhunwala. 😀
Ram is your soul
Sita is your heart
Ravan is your mind that steals your heart from your soul
Lakshman is your consciousness, always with you and active on your behalf
Hanuman is your intuition and courage that helps retrieve your heart to re-animate your soul
Happy Dussera
Since OCT 2021
#Nifty
has done 11 declines (incl today) of more than 2% in a single session. Except for 2 occasions (marked RED), each has led to a bounce (not reversal). Tomorrow if it "closes above today's low" would look for a pullback, else will wait
#Nifty
has made an Inverted Hammer in Daily time frame and appears to be completing a bullish flag and pole pattern in hourly.
Index looks bullish for 17350/17550 as long as its above 17125
#Bullish
pattern/signal here.
Sgx Nifty does not react to India inflation as its doing to US inflation. Add to that US markets have recovered entire fall but Sgx is still -100.
Has Ekta Kapoor (Balaji Tele) started directing Sgx Nifty! Melodrama
Both
#Nifty
&
#banknifty
are near their interim support & appear to have completed their minor pullback as long as they remain above 15700/34800 respectively. Expecting a reversal now in both of them
Was away from markets since morning. Took a stray 🐕 suffering from jaundice and got her admitted to Ashari - NGO for animal care. Came back to see Nifty from -100 to +40. Happy for both
Those who want a gain of Rs 60000 above watch Zee news & Republic
Those who want to see that there is loss of 20000, watch Aaj tak
Those who want to see there is loss of 50000 , watch NDTV
Those who are convinced its not going to make a diff of more than 2000, watch Netflix
The biggest lesson from yesterday's massive move?
"Love thy Stop Loss!"
When you get it wrong respect it and exit the trade.
When you get it correct trail it till it gets hit.
SL is the most imp aspect of trading, target is like success it will come if you respect the former.
The contracting triangle in Nifty might have completed its last leg today. From here a rally resumption looks probable provided it does not go below 10625.
If history were to repeat itself (which it often does in markets) Nifty is making the set up of a rally which appears to be a replica of the rally which started in Sept 2019. Everything appears in sync, rest time will tell
#Nifty
is at a Bearish
#harmonicpattern
AB=CD in daily time frame which is also a weekly time frame resistance, while
#banknifty
is at an
#Ichimoku
Price and Time axis equilibrium. One should refrain from being aggressive bullish at these levels for now
If you don’t come out of this Lockdown with: A New Skill, More Knowledge, Better Health & Fitness, you never lacked time. You lacked discipline.
WhatsApp fwd. Very apt
#ltfh
has made a Bullish
#harmonic
Three Drives pattern in weekly time frame. This pattern is not found so regularly among NSE stocks. A bounce back to 120-130 is probable. The view would get negated below 68.
When the PM asked us all to clap at 5 PM. He said to do it from our window/balcony. Not gather with Neighbours in your terrace or on the streets. You defeat the entire purpose of isolation with this act of yours.
WhatsApp fwd
IBulls is saying we have no exposure to ADAG.
INDUSIND is saying low exposure to IBulls
DLF is saying no exposure to IBulls
IBulls saying no exposure to DHFL.
RBL says low exposure to IBulls
YesB says no exposure to ADAG
Exposure hai ki kichdi hai! Sab Golmaal
#Nifty
at a Bullish AB=CD in hourly time frame
#banknifty
has a Bullish AB=CD in daily time frame near 26400
#reliance
is at a Bullish Alt Shark in hourly time frame
#hdfcbank
is at a Bullish Cypher in daily time frame
Dead Cat bounce for 10850 could be possible
#HarmonicPattern
ITC is trading at the PRZ of
#harmonicpatterns
Bullish Gartley & Bullish AB=CD in MONTHLY time frame. From MEDIUM to LONG term basis the set up is extremely ideal here. View would negate below 200 (monthly closing basis)
I stopped watching the press conferences 3 days back. Social network has enough experts to tell me in NANO SECONDS the interpretation/impact of each announcement/package. Why waste valuable internet data!
Not everything always works as per your expectations and plans. Even the best needs to adjust a bit, play it, laugh a bit and move ahead ...the stage is all yours ... trading or everyday situations
#nifty50
-300 yet there is no panic among 16200/16300pe writers (no short covering in fact fresh writing taking place) there should be a case study on their risk management at IIM on their Risk Management Theory "kaha sei atte hai ye log"
@ap_pune
@ashish_tn
@AkshayChinchal4
Traders
S - STRENGTH in identifying a trend direction
W - WEAKNESS is obsession for swing trades every 2nd day
O - Loss of OPPORTUNITY to trade with bulk of the trend
T - The obsession for quick trades is a THREAT to your P/L
@SJosephBurns
@PeterLBrandt
@yvanbyeajee
#reliance
has entered into the prz of a bearish Three Drives (not found so regularly in our markets)
#harmonicpattern
as per this a decline could be probable. View negates above 1550.
#icicipru
is at bearish
#HarmonicPatterns
prz both shark and alt shark in weekly time frame. If a reversal were to take place from this zone then it could it re-test 380-360.
#chartattached
#maruti
as per
#ichimoku
appears to be taking support at weekly kumo, in hourly it has made an attempt to cross kumo and retraced, in 15mins its entered the prz of a bullish
#harmonic
gartley. If 6975 holds then it can bounce back to 7300 & 7500
@hesivh
@RajivMessage
Sikhs hv always been Hindus, they were the Disciplined Protective Side 2 protect t kingdom fm invaders. Every family in Punjab & Sindh had 1 child who joined them. The English &:later our politicians who adopted the divide & rule policy and gave them a new religious identity.
On this auspicious occasion of Ganesh Chaturdashi am pleased to announce the date for my next webinar on
#Harmonic
Trading Patterns - Sept 22, 2019. For those interested details in link given below
#Ichimoku
#Bajajfinance
a bounce back is possible till Senkou B as Kumo is still not bearish. Double confirmation if it closes above 3050 today. View negates below 2980
#Nifty
weekly has made a bearish engulfing candle. A glance at such instances since 2018 suggests except for 1 instance selling has continued much further. Based on that 17500/17200 could be levels to look out for. Resistance at 18200.
#NSE
#StockMarketindia
#Equities
#investing
#banknifty
has made a bullish
#harmonic
Crab in daily time frame, at a weekly
#ichimoku
support which also coincides with an Taitou Cycle. Above 27500 expecting this bounce to test 28750-29000 (Weekly Kijun Resistance). View would go wrong if spot sustains below 26000
Some are smarter analyst than you
Some have more cooler trade sets up than you
Some are way better in risk reward than you
IT DOESN'T MATTER
Be the Trader/Techie who can GET ALONG
Be the one to share your ideas with all.
Be the right one who is happy for others
Be the nice one
Myth buster: "Markets will rally crude is down" here is monthly chart of
#CrudeOil
&
#nifty50
since 2006. Except for an odd month they move in same direction.
#axisbank
appears to have completed its sideways corrective. If it can sustain above 700 (closing basis) then it could retest 785/800. Resistance path 730/740/755
#nifty50
appears to have made a short term top (settlement basis), sl 15900. It could over the next 1-2 weeks retest 15400. Likewise,
#banknifty
as long as it sustains below 35200 might retest 34000. Not expecting any major down move overall
Whatsapp forward
*New Age Investor:*
"I bought Paytm , Zomato and some new age IPOs. I also invested in Bitcoin and Dogecoin. What should I do”
*Analyst* : OK.. Repeat carefully after me:
*जय हनुमान ज्ञान गुण सागर....जय कपीश तिहुँ लोक उजागर..*
Falling wedge with robust OI support as per Option Data indicate Nifty should sustain above 10000 from Tuesday max & a move till 10400-10700 looks quite probable. I maybe wrong as Whatsapp is full of Black Monday views. My view, no shorting here
#NathanRothschild
Nifty 100 has entered into the PRZ (9600-9800) of 2 bearish
#harmonic
patterns: CYPHER & AB=CD. It is also near an
#ichimoku
bearish daily kumo & higher tf resistance. Attached list of top constituents by weight-age. Could see some unwinding till 8750. View negates above 10100
With the Budget due coming Saturday, have tried to select sectors which might see some impactful moves - bullish / bearish. Will upload them in sometime.
Glad to announce the launch of my telegram channel. Will be sharing views on stocks and indices based on Harmonic Patterns & Ichimoku Multi time frame analysis.
Do join and let's make it a Prosperous Trading and Investing Journey
Most indices including Nifty are gripped within a triangle. Nifty 200 & Nifty 500 are ditto in terms of pattern to Nifty 100. Volumes are down, price movements are getting squeezed, its only a matter of time before these triangles are breached, until then stay calm.
🎶 🎶
Intehaan Ho gayi Breakdown ke Intezaar ki
Aayi na Koi trigger downside ki
Ye Mujhe hai yakeen, 11350 ka hai probable
Phir wajah kya hui, iss level (11675-11625) par chipakne ki
Bhuj na jaye ye shorts ke aitbaar ki
🎶 🎶
@BissaGauravB
@heartwon
@thedumbtrader
@candleseye
#Chartattached
#Nifty50
time frames suggesting
Monthly bullish, but highest monthly close ever 11922
Weekly bullish, Kijun will start rising from next week. This one too highest weekly close ever 11922
Amitabh Bachchan: Aur ye Raha apka aahkri sawal, ₹7 cr dhanrashi ke liye
Q: Which came 1st - Chicken or Egg?
Aur apke options hai....
Contestant: Wo sab to theek hai, par ayega to
#Modi
hi!
😀😁😂
On this auspicious occasion as we welcome Devi Maa, am glad to announce the dates for my
#ichimoku
#webinar
For those interested click on the link below and do the needful.
After spotting BOSCH, CIPLA & L&TFH medium-long term support,
#ITC
is the fresh one in the list, near a very important support in Monthly TF. Making a Bullish
#harmonicpattern
Gartley & as per
#ichimoku
consolidating near support levels. Reversal candidate medium/long term