Entry 695 Target 1 739 Target 2 769 chart 15 min pattern bullish bat
FEDERAL BANK showing Bearish Butterfly @ 66-68 levels on day chart. the current trend may reverse at 67-68 levels.. if reversal happens @ 68 then Target at 58. at 57-58 you can go long..
Bullish Gartley pattern last leg is in process. Long may be initiated once D leg will complete.
Bearish bat pattern in making. May be play long trade here. SL below A point. First A to B then B to D.
Here is the View on Daily chart for better and easy reference.
We are expecting the Bullish Reversal in Reliance only around 1800 Levels. Once Reliance crosses the 1895 Mark, we can see a quick fall near the historic support line of 1800 Levels. One can do SIP in stock by buy @ dips below 1895 till 1800. Once the Lot size is reduced, we can expect Reliance to hit way above 3000 levels. This is purely a long term investment...
Reversal zone is expected from 995-1010