Dabur - Bearish Gartley Pattern
It is been observed on a daily chart that the price action forms a bearish harmonic pattern known as Bearish Garltey pattern where the D leg is near to 88.6 retracement levels of XA leg and also 1.618 Fibs extension of AB leg.
Now it shall retace back to 38.2% levels of AD leg at around 290 levels.
Target: 290
Stoploss: 305
Now it shall retace back to 38.2% levels of AD leg at around 290 levels.
Target: 290
Stoploss: 305
Trade closed: target reached
Target reached successfully, Regards
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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.