Sobha limited crossed the consolidation zone.
it forms ABCD pattern and bollinger breakout is confirmed.
if 550 levels are sustained in coming days, 650 is possible with support of 490. Keep tracking
All the views are educational purpose only.
INDUS TOWER TAKEN DOUBLE BOTTOM AT 230 LEVELS, UPTREND HAS STARTED, AS PER TREND LINE, ABOVE 265 LEVELS FIBO RETRACT LEVELS TARGET 1 IS 273, TARGET 2 IS 286. IF THE TREND SUPPORTS WHICH LEADS TO NEW 52 WEEK HIGHS.
Ending Diagonal Triangle also called as ED, in short, is one of the complex patterns of Elliott Wave.
Ending Diagonal Triangle pattern occurs only in wave (E) of any impulse let it be a wave bigger wave (E) or inner wave (v) of any degree. make sure that there is wave (A), (B), (C) and (D) before the start of this pattern. because ED cannot happen anywhere, it is...