RaghunathHyd

ITC Formed Bullish Shark Harmonic Pattern. Entered Long at 237.5

Long
NSE:ITC   ITC LTD
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3
ITC Formed Bullish Shark Harmonic Pattern . Entered Long at 237.5. SL of 230.

Target 1 - 252 ( 61.8% retracement of leg CD)

Target 2 - 273 (1.272% retracement of leg CD)

Sl -230 - Point X
Comment: Target 1 hit. Book half the position.

Comments

Kindly check leg set ups at your end. As per me for Bullish Shark's D leg has to go below X leg. Nevertheless harmonic pattern is looking like shaping up for sure.
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