1. Set up: Reversal 2. Trend Bullish 4. SL lucrative with less then 3% 5. RR 1:9.5+
1. R1-R2: Resistance Trendline 2. Entry: 483, SL: 465 3. Triangle Breakout, Trendline (R1) Breakout 4. Momentum & High Volume Setup.
"Delivery Idea 17-05-23 KRISHANA (CMP: 454.95) Buy Above: 456 SL Below: 440 Target: 486" Stock has Reversal Pattern in Day Candle and Trend Breakout and retesting in Hourly Candle.
A harmonic chart is presented here for study purpose Chart clearly indicates the bearish trend Various expected levels during its downward move is given in green lines Variations may be there during its downward move
A bearish Harmonic chart presented for the study purpose. The chart gives the retraced picture. Reached very near to the Golden ratio. To show the accuracy of the chart
Buy Entry 200 - 205 Stop loss 168 Minimum Price Target 248 Risk to Reward 1 : 1.50 24% Up Side potential. The Recent move is supported by Higher Volumes. (Trading volume can help an investor identify momentum in a stock and confirm a trend. If trading volume increases, prices generally move in the same direction.)