APOLLOHOSP_Hormonic Reversal_Short selling
Harmonic 4-Point Pattern
pattern has formed in the daily timeframe for apollo hospital and its reverse zone where between (7276 & 7391), we are expecting reversal start form this zones.
RSI
Day rsi had crossed 70+ which indicates the stock is in the overbought area.
Conclusion
It's nearly to harmonic reversal zone & Rsi also is over bought, so we are excepting 3-5℅ sell target, Plan accordingly to your trading plan setup coz nifty is getting HH formation
trend is up side (All time High).
Education Purpose only.
Regards
Sathish
pattern has formed in the daily timeframe for apollo hospital and its reverse zone where between (7276 & 7391), we are expecting reversal start form this zones.
RSI
Day rsi had crossed 70+ which indicates the stock is in the overbought area.
Conclusion
It's nearly to harmonic reversal zone & Rsi also is over bought, so we are excepting 3-5℅ sell target, Plan accordingly to your trading plan setup coz nifty is getting HH formation
trend is up side (All time High).
Education Purpose only.
Regards
Sathish
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.