Bearish Bat Harmonic Pattern at the tops of 38231. Sell Triggers below 37941 Trading Strategy Traders have to sell once it triggers below 37941 with recent high as stop loss later. Targets 1st Target - 37655 2nd Target - 37522 3rd Target - 37249 Thank You.
Date: 23/5/22 Stock: Aegis Logistics Reason: Chart is self explanatory, Volume accumulation going on, retest done after BO on weekly chart, Inverse H & S pattern forming on daily chart. Major resistance is 250 for longterm Buy: At cmp for swing trade for target 250 and for longterm buy after 250 BO. SL: 170 major resistance
The chart is for study purposes and not a buy or sell recommendation. I am a student trying to learn harmonic patterns and their potential. This analysis serves as a log to track my studies
INFO EDGE 1- INFO EDGE is a range from last few days, most of the time whenever the stock comes out of range, They move like crazy example - You may check PolyCab ( 13th Jan Chart) 2- Once Point B is broken then the Harmonic Pattern will get activated 3- It is making a perfect Flag and pole Patterns which itself again one of the bullish Patterns - All these...