gauravbhandari.86
Long

Sintex - Bullish Bat

NSE:SINTEX   SINTEX INDUSTRIES
*XB* = As long as it is less than .618 we are fine but we prefer it to be .382 to .500.

*BD* = As long as it is more than 1.618 we are fine but we prefer it to be 1.618 to 2.618. This is not much that important.

*AB* = CD pattern is usually extended. We shall talk about this in the example.

*XD* = 0.886. Slight deviation is OK.

*AC* = Range between 0.382 and 0.886



*Note:*

We buy at .886.

1. Never trade Bat unless its complete.
2. Never buy unless the D leg is complete i.e You see 1.618 on BD
3. Make the trade box seeing XD = .886

Comments

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