HUL made harmonice (butterfly) pattern on an hourly chart with good volumes. Could be bought with mentioned stoploss & target.
DJI Bullish Butterfly Pattern PRZ 1 - 29018.55 PRZ 2 - 28990.27 PRZ 3 - 28850.85
Crude reverses from near the harmonic reverse point as in the chart It is to show the effect of harmonic chart One can expect good Risk Reward Message for details Note: Information given here is for Study purpose
Only For educational Purpose.
VEDL is on the process of Harmonic Extended pattern ( Butterfly Pattern) B point is at the 0.786 retracement of XA and D point forms at the 1.27 to 1.61 projection of XA. As per this chart the target levels should be 193 and 229