Cipla seems to have a bearish sentiment. Broken the Channel and the Monthly zones with good volume . Expecting it to fall further (a retracement to the red line is quite possible). Will be entering short basis candlestick pattern and if it shows rejection below the red line for a TGT of about 521-525.
Entry would be mostly around 585 (near to the red line, if...
We have spotted a bullish harmonic shark pattern setup on 15 mins chart of ICICI Bank.
Trade levels highlighted on chart.
Entry @ 318.75
Targets- 321.9 - 323.9
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Thanks @razultull for spotting the patterns.
Intact there was a shark right behind the BAT & it would have been a juicy trade but we missed it.
So there is a bullish bat harmonic pattern is developing on 30 mins chart & the D leg of the BAT coincides with support trend line (green colour on chart). D leg completion is at 468.5 (PRZ).
The PRZ zone is only...