Reversal Trading with Fibonacci

is going to change it's weekly structure and is ready to test it's All Time High (ATH) again. This is a short-mid term swing opportunity with a potential target of almost 15%.

Disclaimer: This is not a buy/sell recommendation; it is for educational purpose only.

has changed it's price structure on Weekly timeframe and is going to test it's ALL TIME HIGH again!

Disclaimer: This is NOT a buy/sell recommendation; it is for educational purpose only.

This is an example for those who still think that Stock Market is a place to gamble and one cannot make money!

This is my Profit/Loss statement for the month of March, 2024.
Capital Used: Rs. 1,00,000
Profit: Rs. 50,000 (After deducting Tax)
Return on Investment (ROI): 50%

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A single red candle hits the target calculated using the XABCD pattern of Harmonics. But you need to be lightning fast while dealing with index, specially "BankNifty",and that too on it's expiry!
Bought BankNifty 48000 PE option at Rs. 21.28 and sold it at Rs. 29.12: scalped for only 8 points and came out of the market in green!

How to identify False Breakouts?

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Sharing our view on Alkyl Amines for long term!

All targets hit for today ❤️❤️
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When market is in Uptrend and either of these candles are formed at the Resistance/Supply zone, it indicates the arrival of Sellers in the market and so, there is a possibility for the current trend to pause or reverse. These type of candles work best at higher time frames: Daily, Weekly, or Monthly.