Bearish bat pattern. X to A leg is an impulse leg followed by a 50 % Fib retracement at B leg. B to C a minimum of 0.382 fib retracement and a 0.886 retracement from X to A gives a valid Bat pattern
Sir I have bought granules April 330 ce at 6.5 rs in last trading session and closed st 6.5rs .. now granules closed at 313.. on monday is there any possibility of gaining 1 rs in 330 ce strike price.
Please suggest.
Belgin_Paul
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@tanmoyg112 Hi thanks for asking..U mentioned that u hv closed the trade. Anyway the real part of trading is we can predict the market but we cannot give any assurance.Plz stick to your risk management and money management. Otherwise we r not trading it is gambling....
tanmoyg112
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@Belgin_Paul, any possibility if granules will 5ouxh 320 tomorrow ? I did not mention I have closed rather I told 330 ce slowed at my buying price..
Belgin_Paul
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@tanmoyg112 May be possible because of a bullish higher high candle on friday. But there is a 200 day moving average at 325. plan ur trade accordingly