NIFTY FUTURES – Harmonic Reversal Setup (1H Chart)
Pattern: Potential Bullish Harmonic (likely Bat)
Entry Zone (D Leg Completed): 25,172 (Current Price Zone)
Stoploss: 25,033.65 (Candle Close Below D Point)
Immediate Support: 24,901.45
Targets:
• Target 1: 25,647.70
• Target 2: 25,785.65
➡️ Upside Potential: 2.43% only if 25,409.75 breakout happens
Key Insights:
• Harmonic pattern completed with XA–BC–CD legs; strong PRZ near D Point
• Reversal candle formed at demand zone with confluence support
• Watch for breakout above 25,409.75 to confirm bullish momentum
• 2.43% rally possible only after range break with volume
Risk Management:
• Trade only on bullish confirmation candle from support zone
• Exit if candle closes below 25,033.65 (D invalidation)
• Ideal R:R: 1:2 or better if breakout occurs
Disclaimer:
📌 This is not a buy/sell recommendation, just an educational trading idea.
📌 Market conditions can change; always conduct your own research.
📌 Understand risks before investing and take full responsibility for decisions.
📌 Stoploss candle close only, Target Trigger Price
Pattern: Potential Bullish Harmonic (likely Bat)
Entry Zone (D Leg Completed): 25,172 (Current Price Zone)
Stoploss: 25,033.65 (Candle Close Below D Point)
Immediate Support: 24,901.45
Targets:
• Target 1: 25,647.70
• Target 2: 25,785.65
➡️ Upside Potential: 2.43% only if 25,409.75 breakout happens
Key Insights:
• Harmonic pattern completed with XA–BC–CD legs; strong PRZ near D Point
• Reversal candle formed at demand zone with confluence support
• Watch for breakout above 25,409.75 to confirm bullish momentum
• 2.43% rally possible only after range break with volume
Risk Management:
• Trade only on bullish confirmation candle from support zone
• Exit if candle closes below 25,033.65 (D invalidation)
• Ideal R:R: 1:2 or better if breakout occurs
Disclaimer:
📌 This is not a buy/sell recommendation, just an educational trading idea.
📌 Market conditions can change; always conduct your own research.
📌 Understand risks before investing and take full responsibility for decisions.
📌 Stoploss candle close only, Target Trigger Price
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.