based on gartley bearish pattern formation levels are marked for intraday entries >>>> 12800 can b marked as entry buy with 20-30 pts stop zone ALSO, CHANGE IN OPEN INTEREST 12800 PUT SIDE ALSO INDICATING STRONG SUPPORT INTRA BASED KEEPING ENTRY LEVEL IN MIND - 12850, 12900 THEN CAN B THE TARGET LEVEL - PURELY BASED IN CHANGE IN OPEN INTEREST CE SIDE...
Price has broken previous high & moving upside strongly. Expecting a +10% movement.
FOLLOW
The "B" mid-point is at 61.8% of XA leg. (Alternate Bat required exact 38.2% B retracement) For the Crab pattern or Gartley, the "B" can be 61.8% but D must me equal or more than 2 AB = CD. By the looking on the chart, we have 2 best entry point to enter long side.
Dow Jones Bullish GARTLEY pattern formation Falling parallel channel support around PRZ zone Good long candidate around 25900 to 26100 levels View gets negated below 25500 on closing basis. Targets 27000,,28000
Short Range : 740-743 TG : 705-664-611 SL : 786.00
Stock may face correction upto 2100 levels, and then expecting a Bullish trend reversal from PRZ.
Yes,it's true. See this latest bullish fundamental report: The National High Speed Rail Corporation Limited (NHSRCL) on October 19 said Larsen & Toubro has emerged as the lowest bidder for the largest segment of the Mumbai-Ahmedabad bullet train project. And now I seen something surprisingly in the technical chart. that is...... Cup and handle formation and...
If price starts consolidating in the PRZ, Expecting a correction movement. If PRZ is broken by strong Price Action in the coming day, go long.
TREND ANALYSIS & TRADE SETUP ! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. Reward is 10-12 times