ajaybandi

ajaybandi

Cipla has started the bull run after daily breakout on 19th Dec and completing 0.618 level fibonacci retracement on 26th Dec.

ajaybandi

While XAB clearly adhered to rules of Bearish Cypher pattern, BC did not hit inverse fib ratio 1.272 of AB. Observations 1. The price precisely touched 0.236 Fib level and bounced back. 2. The retracement level drawn from X to C, the price closed above 0.382 Fib level at 2,076.75 which makes it a key support level. Bullish Breakout on daily level. Double bottom...