There is a triangle pattern formation in the chart for long term.
Expecting a bounce back once it reaches 210-214 zone.
Target for triangle pattern with taking C Wave as stop loss. once there is a breakout then we can go for the consider E wave as stop loss and we can trail accordingly.
Target:-
T1- 242
T2-264
T3-300
T4-330
Stop @ 190
we have to wait and watch the pattern formation.
An alternative view I will post in the forecoming chart's.
Expecting a bounce back once it reaches 210-214 zone.
Target for triangle pattern with taking C Wave as stop loss. once there is a breakout then we can go for the consider E wave as stop loss and we can trail accordingly.
Target:-
T1- 242
T2-264
T3-300
T4-330
Stop @ 190
we have to wait and watch the pattern formation.
An alternative view I will post in the forecoming chart's.
Note
Target 1 achieved. 14.75% return in 2 days.
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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.