NSE:GODREJPROP
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called...
NSE:GODREJPROP
Observations:
1) On Daily Time Frame, it is trading above 44 DMA and keep on taking support from it.It took 2 time support from 44DMA.
Please refer Chart below: Daily time frame.
2) On 1 hour time frame, it is now on critical Zone.
Please refer Chart below: 1 hour time frame.
3) On 15min Time frame, it is taking good support and...
NSE:GODREJPROP
Trade Setup
If it open below 1660 and breaks 1660 levels and trade above it then it will be a entry point for buy trade. And if it faces resistance then it will be short trade but short below 1655.
If tomorrow, it comes to test 1630 level and gets support then it will be a good entry for buy trade.
Book Partial profit on 1648 quickly on either...
