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gulz
Mar 21, 2017 6:20 PM

Potential Bearish BAT on Voltas Daily Chart Short

VOLTAS LTDNSE

Description

Hi,

On Voltas daily Chart, we have a potential bearish BAT with D leg completion at 393.

TGT 1 - 353 & TGT 2- 327

STOP - Above X (408)

As the price near to the Potential reversal zone, we will look for the price action for short opportunity - Also Pls note, any long green candle which cross the entire PRZ will invalidate the pattern ( which indicates that bulls have potential to continue the current bullish trend.)

Also please note, i have shared 15 minutes cypher pattern ( bullish ) - link copied below.

Trade active

Price strongly rejected from D leg

Order cancelled

Pattern invalidated - long green candle at PRZ
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