gulz

BULLISH GARTLEY ( POSITIONAL TRADE SETUP ON ABAN. DAILY CHART)

Long
gulz Updated   
NSE:ABAN   ABAN OFFSHORE
Hi

A Bullish Gartley pattern is developing on Aban -0.47% Offshore Daily Charts .

Potential Price reversal zone will be

1.13BC = 211.5
0.786XA= 206

The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Note : Daily Trend line shown as red color.
Stop loss would be placed below X leg structure support .

Target 1 - 229
Target 2 - 243

To protect the profits you have accumulated at target 1 it is advised you move your stop loss to breakeven once the 38.20% target 1 has been attained, thus giving you a risk free trade to target 2.

Trade with Care,
Gulz.
Comment: Setup is still valid ..
Order cancelled

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