follow invest at your own risk
long when candle closes above lower blue line target upper line.
bat harmonic pattern completed at point d. although stock gapped up at .886 levels but could not sustain and fell. now as a rule after completing pattern stock can fall till or retrace till 50% and bounce back again as we can see with fibonacci so keep stop loss of 67 to 68 only if you are already in the game or for fresh long keep stop of 67 trade at your won risk
target is d point let consolidation be over with two blue lines
direct target is now 16092
follow target 15513
stop loss 3380 candle close basis target 3896
with all the lines drawn you can see there is a pattern nifty opens gap up on upper line then again gap down on lower line next day this is the movement lets see what happens next
for fresh longs in cash long near point d and if already long keep stop of 311 to 313 or if candle closes above upper blue line on close basis then long there trade at your own risk
long tatamotors near .618 levels with strict stop loss of .786 levels as shown target for long is 1.618 level=384 approx trade at your won risk note: if it does not stop at .786 levels it can free fall
FOLLOW TRADE IN FNO at your own risk
follow trade at your own risk note: market is really volatile daily opens with gap up or down so keep strict stop loss and exit in less loss
approx target marked with blue lines stop loss 14888 trade at your own risk
we can see there are two harmonic potential setups gartley and bat pattern . Possible movements shown with arrows trade at your own risk
follow trade at your own risk