BUY - KALYANI STEELS LTD CMP - Rs. 292 Target - 1: Rs. 241 Target - 2: Rs. 161 . . Technicals - 1) Bearish Harmonic Pattern. 2) Targets set using Fibonacci Retracements. . . Follow me for more!
A harmonic chart is presented here for study purpose Chart clearly indicates the bearish trend Various expected levels during its downward move is given in green lines Variations may be there during its downward move
The chart is very clear about its reversal point Analysis with the harmonic pattern gives 70 ~ 80 % accuracy The unexpected behaviour can occur during unexpected events or news Note: Information given here for educational purpose
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Last @ 14800 - 7th May2021 Buy with Stop loss below 14770 for Target 14850 / 14875 Sell Later Once Index Halts in 14875-14900 zone (PRZ-Potential Reversal Zone) for Deep Crab Harmonic Pattern ( Srtictly --------No sell if Index extends above 14900)