"Creativity is allowing yourself to make mistakes, Art is knowing which ones to keep".
Mohit_Jangir
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@Bravetotrade Sir , Very Beautiful Quote ... I want to tell you that it is also A H&S Pattern ... Success Rate of 75% in Analysis of Many Scrips ... :)
deepen
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sl hit ......?
bbrijesh
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If it is a Inverted Head & Shoulder and target is 10,200
Your Balasore chart shows Head & Shoulder (which is bearish) and u mentioned targets upside.
Both pattern are bullish?
Mohit_Jangir
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@bbrijesh, Appreciate your views ... I also know that In Nifty , Pattern is a little bit bearish but Possibilities of Reversal are much more if you analyze it correctly ... Use Indicators and Concept of Trend too ... You will find many Bullish Signs ...
bbrijesh
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@kbmj, I am not asking u abt the Possibilities.
My question is "How can you give higher targets for bearish pattern?"
Mohit_Jangir
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@bbrijesh, Sorry Sir ... Accepting My Fault ... :)
narshanaankit
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Wow!!! Excellent analysis. Where are you from? You should take seminars on such a new innovative patterns all over India.