There is a nice confluence of Harmonic Bat pattern and Parallel Channel. The stock has formed a bearish engulfing today showing the weakness. One can sell the stock as the details given below
Entry 91.50
SL 96.50
Target 82.5
RR ratio 1.80
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Entry 91.50
SL 96.50
Target 82.5
RR ratio 1.80
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
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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.
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.