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Short interim target reached. Exited with 6 points.
Next Move IBULHSGFIN going to wards 250
IBULHSGFIN - based on weekly and daily charts on trend-line resistance. Incase if break - can go for long Incase if reversal - can go for short Need to keep on watch list for next trading session PS: No trading recommendation, only based on trend analysis.
NSE:IBULHSGFIN Inverted pennant pattern. Short under 280. TGT1:256 TGT2:231 TGT3:220 May go positional. Any movement above 296 will negate the view.
After a few candles of consolidation the market had took it down after it touched its day low.And gave a good 10-15+ points on the short side.
Bearish Gartley- IBULHSGFIN CMP 617.65 | Price 660-663| Stop Loss 689.30 | Target1 598.5| Target2 581.40