Inverted Cup & Handle pattern on weekly chart Inverted Cup & Handle pattern on weekly chart , below 70.33 , EURINR may slid3 to 69.06 , 68.7
Pattern
IBULHSGFIN completed shark and ready for reversalIBULHSGFIN in shark PRZ showing weakness and if its unable to close above 891 we can go for a dip in it.
CMP 864.5
SL 891
TGT1 779
TGT2 718
Risk-Reward Analysis
Entry 866.5
SL 891
Target 1 779
Target 2 719
Reward min 87.5
Reward max 147.5
risk 24.5
ROR1 3.6
ROR2 6
If you feel SL is big wait for the pullback in lower timeframe and can short it.
Disclaimer: All the views shared are for educational purpose and my self improvement purpose from other senior traders. if you find any scrip interesting plz do your own analysis or consult SEBI registered financial advisors before taking trading decision.
ZEEL Bearish ABCD Pattern It is been observed that the price action formed a bearish ABCD harmonic pattern on daily and hourly chart indicating further move down.
Target: 500
Stoploss: 520
NIFTY CYPHER Pattern can we see some correction ?NIFTY after the strong rally is finding hard near 50% of fibo swing and also near the PRZ of #CYPHER #HARMONIC pattern.
good ROR for short available.
SL 8475
Target1 8242/8107
