Bearish Half Bat - Ujjivan Short

UJJIVAN FIN SERVNSE

Description

⋅ Jul 7, 2020 6:12 PM

Bearish Half Bat - Ujjivan

Additionally, the stock has a 200 SMA as resistance on Daily charts, along with 50 SMA resistance on Weekly charts.

Harmonic Patterns Bat

Comments

12999a2adee544598d54c4e2d21468

⋅ Jul 7, 2020 6:34 PM

Can you explain this and price targets with help of levels?

HarmonicsInAction1

⋅ Jul 8, 2020 3:20 AM

@12999a2adee544598d54c4e2d21468, You may draw a fib from D to C. The 0.236 and 0.382 levels would be the targets. Mostly 250 should be first target.

12999a2adee544598d54c4e2d21468

⋅ Jul 8, 2020 3:28 AM

@HarmonicsInAction1, any chance to exit at upper level? Around 270

HarmonicsInAction1

⋅ Jul 8, 2020 3:30 AM

@12999a2adee544598d54c4e2d21468, I will short around the level 270-275. If it shows signs of reversal.

12999a2adee544598d54c4e2d21468

⋅ Jul 8, 2020 3:32 AM

@HarmonicsInAction1, great. Kindly comments if you find shorting opportunity

12999a2adee544598d54c4e2d21468

⋅ Jul 8, 2020 4:15 AM

@HarmonicsInAction1, sir any shorting opportunity available?

bansalsolution24

⋅ Jul 8, 2020 2:47 PM

@HarmonicsInAction1, what level it will go down side and upper side for mid term

HarmonicsInAction1

⋅ Jul 8, 2020 6:07 PM

@bansalsolution24, It didn't entre the short zone by Rs. 2.50. I had a short target of 250 and evenutally 235.

12999a2adee544598d54c4e2d21468

⋅ Jul 13, 2020 8:10 AM

@HarmonicsInAction1, whats your view now?

HarmonicsInAction1

⋅ Jul 13, 2020 4:53 PM

@12999a2adee544598d54c4e2d21468, I would not make any positions until it reaches the PRZ or another pattern emerges. As of now, looks like there is supply and it would slide down.