Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

Bearish BAT Pattern in Bank Nifty Futures

12 sec read


[wp_ad_camp_5]

 

15 min charts of Bank Nifty futures shows a bearish Bat Pattern(Harmonic Pattern)
Which indicates a near term weakness. I’d like to once again keep an observation
on this chart. Now the Ideal trade should be wait for the overhead resistance 8760 to hold
and short it with stop loss just above that
Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

Bullish BAT Pattern in Hourly Cairn Charts

Hourly Carin Charts shows a potential short term trade setup with a bullish BAT Pattern. Bullish BAT pattern requires a smaller stop loss than...
Rajandran R
19 sec read

HUL Bullish butterfly gartley

Hindustan unilever likely to reverse after good amount of correction. Bullish butterfly  gartley pattern found on HUL daily charts . 225 as stop loss on...
Jay Chandran
10 sec read

Nifty Bank Futures Harmonic Pattern

  As mentioned by MGV in the comment coloumn, the harmonic patterns are changing continiously. And today it changes from Bearish Bat Pattern...
Rajandran R
14 sec read

5 Replies to “Bearish BAT Pattern in Bank Nifty Futures”

  1. Hi Rajandran,Its also known as Gartley bearish pattern (W-whipsaw) shape and reverse is known as Gartley bullish pattern (M-Money)Rgds,Navnit

  2. have short IDFC futures as per the GANN chart at 150. Any updates on that or should I hold with a stop of 160.thanks

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More