Gurleen's Threads | Buzz Chronicles

#NIFTYIT
The LH-LL structure indicates that the trajectory towards point D is still intact. https://t.co/Ew6eH6p5LE

#NIFTYIT
Below the level of 33953.90; Might head towards Point D. #StockMarket #Harmonics pic.twitter.com/EosyM4uBFZ
— Gurleen (@GurleenKaur_19) March 7, 2022

Gurleen
@GurleenKaur_19

#SIEMENS
Though a swift breakout of trendline has taken place, The harmonic pattern is yet to get active above 2434.10

Gurleen
@GurleenKaur_19

#GODREJCP
Double bottom breakout along with the activation of harmonic pattern.

With the confluence of Point D along with descending trendline, target placed at 825.

#StockMarket #StocksToWatch

Gurleen
@GurleenKaur_19

#ASAINPAINT

With the harmonic pattern in place, the Potential reversal zone is at 2400.

#StocksToWatch

Gurleen
@GurleenKaur_19

#RELIANCE

The failure of the price to move past the previous high resulted in a fall back towards the lower band.

The structure looks weak and might hit 2370 initially which coincides with the channel bottom.

Thereafter, if the pivot gets taken out, Might hit Point D.

Gurleen
@GurleenKaur_19

#M_M

Example: Whenever a support or resistance level is broken through significantly, they reverse their roles.

With the range breakout, extended target on the upside at 1205.00

Invalidation level: 972.65

Gurleen
@GurleenKaur_19

#INFOSYS

Looking at the price structure, A moderate decline between the two peaks followed by a breakdown of the baseline is indicating of hitting Point D.

#StocksToWatch

Gurleen
@GurleenKaur_19

#ITC
The one constant in every investor's life.

Notice how the price has been fluctuating between the upper and lower band of the parallel channel over a period of 25+ years.

The longer the channel remains intact, the more reliable it becomes.

For now, Resistance: 278.65

Gurleen
@GurleenKaur_19

#DEEPAKNITRITE
Might test the baseline of the pattern along with the descending resistance.

#StocksToWatch

SAnngeri Authors Gurleen