nirav5

Bullish Gartley or alternate BAT on ICIL hourly

nirav5 Updated   
NSE:ICIL   INDO COUNT INDUSTR
5
We have potential Harmonic setups on ICIL.

Scenario 1 - If Bullish Gartley setup gets activated we can have sharp reversal on upside from the 194- 196 zone.

Scenario 2 - If we change our X point we can have a possibility of Bullish BAT setup. In that case D point can travel till 190 zone. Potential reversal area can be around 188 - 190.


Trade active
Comment:
1st target 196.50
2nd target 201.
For SL we can consider today's low.
Comment:
1st Target achieved.
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.