CASTROLIND: Expect UP Swing after Consolidation.
Perfect Oldest HARMONIC Pattern: Perfect Bearish ABCD
Where Length of "AB" = 21.80 & "CD" = 23.90 (Nearer Equal)
Attempting CUP Pattern (Traded at Bottom of "CUP")
RSI +VE Divergence in Daily Chart.
Go LONG: @ 400.10 - @ 400.90
Best Buy or Accumulation Zone: @ 398.50 - @ 396.10
TARGT (intraday / Swing): @ 402.70, @ 404.60, @ 406.70.
TARGT (Short Term): @ 409 (Strong), @ 413, @ 417 (Strong), @ 422.60 - @ 426 (HZ ), More on Chart.
SL: @ 391-(By Closing) or @ 386.40 (Intraday Swing).
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For taking Trade Decision Consult Financial Advisor.
Where Length of "AB" = 21.80 & "CD" = 23.90 (Nearer Equal)
Attempting CUP Pattern (Traded at Bottom of "CUP")
RSI +VE Divergence in Daily Chart.
Go LONG: @ 400.10 - @ 400.90
Best Buy or Accumulation Zone: @ 398.50 - @ 396.10
TARGT (intraday / Swing): @ 402.70, @ 404.60, @ 406.70.
TARGT (Short Term): @ 409 (Strong), @ 413, @ 417 (Strong), @ 422.60 - @ 426 (HZ ), More on Chart.
SL: @ 391-(By Closing) or @ 386.40 (Intraday Swing).
If enriched your knowledge,
Please don't forget to Hit / Click Like button.
Disclaimer: Only For STUDY.
For taking Trade Decision Consult Financial Advisor.
Note
LTP: @ 403.90+made a HIGH @ 404.25, near TGT #2 @ 404.60
Achieved TGT #1 @ 402.70
Note
LTP: @ 407made a HIGH @ 407.15
Achieved All SWING TARGETs.
Note
LTP: @ 408.8made a HIGH @ 409
Achieved Short Term TARGET #1: @ 409.
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Related publications
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.