if weekly candle closes above resistance trendline this stock will be rocket so let candle close above horizontal trendline and other falling trendline for target of 6377 good luck
@OPTIONPREMIER , everything looks good in the chart except for the logic used in drawing resistance line, natural resistance line should have been around 5575 mark IMO but if you can explain your logic that will be a learning experience for me...
UnknownUnicorn13728868
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@thebanik, you can see that 1.618(1.612) line? crab pattern completes at 1.618 levels but B TO D level must be max 3.618 but i stretched it to 5.179 as 1.618 is main ratio in crab pattern so the trendline which has wirtten on it "resistance line" is actually 3.618bc=cd level
SidarDiwan
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Please give time frame approx to achieve target of 6000.
UnknownUnicorn13728868
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@SidarDiwan, let candle close first above trendlines