1111 after correction has reached 61.8% fib level (Golden Pocket) A horizontal support level is also acting as trend reversal Formation of HH, HL are observed. Ride the trend with trailing SL. Manage your risk accordingly.
NSE:BIKAJI has a bullish flag pattern Market Cap : 17,947 Cr. P/E : 62.5 ROCE : 29.6 % ROE : 24.7 % EPS : 11.5 RoA : 19.8 % Debt to Equity Ratio : 0.10 Sales => 561.40 cr (Jun-24) Vs 477.55 cr (Jun-23) vs 606.21 (Mar-24) Net Profit => 60.55 cr (Jun-24) Vs 43.21 cr (Jun-23) vs 116.11 (Mar-24) Disc - invested, for educational purposes only
So I was thinking DXY was going to change in sentiment since 2/14 but I believe this pattern with the bullish candle on multiple timeframes confirm continuation of bullish trend.
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We have Higher time frame Bullish continuation, Now the market gave us the correction on the support of the current Bullish correction support, As we have first impulse as a retest from this support its a confirmation that the market have to go and complete the resistence of the cu8rrent correction. NB: Im not advising this is my opinion
Stock Name : NSE:BAJFINANCE Pattern : Inverted Head & Shoulders Target : Mentioned in the chart Entry : Mentioned in the chart Stop Loss : Mentioend in the chart This is for Education purpose only