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CROMPTON GREAVES - SHARK PATTERN
CROMPT GREA CON ELEC LTD
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CROMPTON GREAVES - SHARK PATTERN
Oleh manuagarwal21
Ikuti
Ikuti
26 Apr 2022
1
Cheer
Cheer
26 Apr 2022
There is a Shark pattern formation on the weekly chart of Crompton Greaves.
The Stock has been holding the first Prz zone of the pattern for the past many weeks.
There are many ways Shark pattern can be traded, I am sharing the easiest method that I follow mostly
One can Enter a limit order to buy between the 88% and 113% retracement levels. (looks for positive price action for confirmation)
1st Prz : 370-383
2nd Prz : 330-332
Stop loss at the 127% extension of the XC leg.
SL below 310 levels
Type of trade : positional
Disclaimer : Trade at your own risk.
CROMPGREAV
crompton
cromptongreaves
Harmonic Patterns
longtrade
positional
Shark
Trend Analysis
manuagarwal21
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Ikuti
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