Kolte Patil has recently broke out its swing highs and heading towards new highs Great setup to trade is breakout and retest strategy So the pullback is coming with a bullish gartley harmonic pattern around 276-280 levels with stop loss below 270 Expecting targets of all time high in kolte patil i.e 400 levels Trade accordingly Follow for more regular content
Tata chemicals has recently broken its all time high and is also sustaning above the high A pullback was needed for further rally . Applying harmonic patterns we get a bullish gartley pattern and tata chemicals is showing no lower lows can be one sign of reversal. Second confirmation can be swing high breakout and another confirmation is trend line breakout
Short nifty 50 around 1430 to 1460. The sentiment in longer time is still negative and nifty can fall till 1400. So follow the longer trend that is downside.