mbhati

mbhati

If it has to respect the yellow triangular formation then it is now time to sell. Tomorrow it might go up and possible short covering on the cards and it might try to trap 35500 call writers. Then following week and remaining weeks of June, we might see it touching possible green lines... which are 33400 and 32900.

mbhati Updated 

Target for the bottom channel trendline in the weekly chart. Bullish once it hits 780 on a weekly candle.

mbhati

Although pattern is not complete yet. But what if it turns out to be true? This is made on the top of daily chart too. So, I don't expect the pattern to fail once it completes. Is anybody else seeing this or am I just dreaming?

mbhati Updated 

H&S. Weekly chart, H&S neckline already broken which is a huge resistance. Better exit for long term unless neck line becomes support.