Get started
BOSCH LTD
Long

Possible Trend Reversal

By paraliarup
Updated
After a healthy correction, Bosch is trading at a support zone. Now there has two possibilities as per the chart.

Price may consolidate in the red marked zone to gain strength and take a reversal to uptrend

* A double buttom (W) pattern may seen in near future which has an estimated up move of more than 10%
Trade closed: target reached
Chart PatternsTrend Analysis
paraliarup

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.