After a big fall to touch 176 level, pull back momentum continues
Price is moving between 176 and 252 level
Trend bias is positive but not very strong at this point
Possible buy at current level with stop loss 205 and target 236, 252 insight. For further upside need strong momentum and break out above 252 levels that will take time
So far 214 and 205 ...
It seems that Bullish Cypher harmonic Pattern (which is highly reliable and accurate) is under formation in DHFL. Leg XA, AB, BC has been formed and Leg CD is under formation. If the prices touches and reverse from 220 ( Potential D point, which is at 0.786 retracement of XA) , it would validate the pattern. If price goes below the 220, it would invalidate the ...