1. Bearish Engulfing Pattern formed at Supply and Demand Zone. 2. Additionlly 50% Fibonacci Retracement Level is added. 3. Round Number 200.00 is mentioned and that will be the entry point below 5-10 points. 4. EMA 89 got confluence on that pattern which confirms A++ trade. 5. Half of your stock will be sold at take profit level and move that stop loss to...
Any reason why the drop should only be 20%. I feel absolutely not. It has hallmark of a very badly run bank. Greed is the word I guess. Moneycontrol should be taken to court for spreading lies last night about RJ/RKD stake in the bank. These morons just go scot free everytime becuase SEBI is staffed with nincompoops. Let it go Yes Bank way and pay the fat bankers...
Great Set up. Channel since April of last year. Currently at the bottom of the channel, and indicators going ballistic.