NeeteshJain
Long

Apollo Hospital - Bullish Harmonic Pattern

BSE:APOLLOHOSP   APOLLO HOSPITALS ENTERPRISE LT
It is been observed that the price action is forming a harmonic bullish pattern on the daily chart indicating a bullish reversal in price action.

Target: 1200

Stoploss: 1140
Mar 30
Trade active
Apr 03
Trade active
Apr 07
Comment: Good time to re-enter at current levels SL 1140 on closing basis. Regards
Apr 07
Comment: Going Good so far, indicating a strong up move ahead. Regards
Apr 26
Trade closed: target reached: Target reached successfully, Regards
May 10
Comment: Sometimes, Unnamed Harmonics patterns workout well if we understand them well. Now, previous gap levels filled.



Follow Up,

Regards
Can I take a short position @1245/- price
Reply
testing patience ........
Reply
Agree.
Reply
zoooooming .......
Reply
THIS IS TOO GOOD CALL SIR
Reply
Pls Sir let me know which harmonic pattern this is? I am not getting it. Please guide
+1 Reply
NeeteshJain pratiktech
@pratiktech, Harmonic patterns are based on Ratio analysis and once given ratios of the price action matches together then it forms a harmonic or ratio pattern which describes a certain target with it. I would advise you to check out my educational post on the harmonic patterns mentioned under this idea in "Related Ideas" . Regards
Reply
pratiktech NeeteshJain
@NeeteshJain, Sir, I know its game of retracement I meant that whats the name of this pattern? BAT, Butterfly, Crab, Shark, Gartley or Structures patterns.. I hope this is clear Sir, Why i want to know is just bcas I am not aware of it.
Reply
NeeteshJain pratiktech
@pratiktech, There is no specified pattern as such, and I have not even mentioned any of the said harmonic patterns. I posted it as I found it bullish. No other reason or any said pattern behind it. Regards
Reply
pratiktech NeeteshJain
@NeeteshJain, Okay I got it.Thanx
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out