Hello & welcome to this analysis The H&S formation saw it complete its minimum breakdown of 1-1.27x Fibonacci extension. Today in the daily time frame it completed the formation of a Bullish Harmonic Gartley suggesting a reversal from the current level (3900) for 4250 and 4400 as long as it does not go below 3800. Happy Investing
It has turned from a Bearish Harmonic Bat in Weekly time frame. Sustaining below today's low 1587 would open the path for 1550/1500/1400. It faces strong resistance now at 1625, view negates above 1660
Hi, Here is a bearish BAT, short setup developing on Wipro daily chart . It may take some time to complete the D leg, but it's worth to keep in watch list. Trade levels shown on chart. Trade with Care, Gulz.