Long
Gati Ltd - A Morning Star pattern perfectly formed on support.
Swing - 113 to 177
Shallow Pullback - 38.20% retracement level
Chart Pattern - Morning Star
The price takes support from the level of 150 which is a 38.20% Fibonacci retracement level. This level is considered as a shallow pullback. And the price formed a morning star pattern on this support level. This type of structure indicates the start of an uptrend.
1st Resistance - 160
2nd Resistance - 177
These levels can be considered as targets.
Hit the like button!! Show some energy!!
Thanks
Er. Simranjit Singh Virdi
Shallow Pullback - 38.20% retracement level
Chart Pattern - Morning Star
The price takes support from the level of 150 which is a 38.20% Fibonacci retracement level. This level is considered as a shallow pullback. And the price formed a morning star pattern on this support level. This type of structure indicates the start of an uptrend.
1st Resistance - 160
2nd Resistance - 177
These levels can be considered as targets.
Hit the like button!! Show some energy!!
Thanks
Er. Simranjit Singh Virdi
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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.