GATI: Consolidation with a patten repetition of June'2020
$NSE:GATI I am seeing few interesting observations:
Support is at 158 level; Resistance is at 190 level. It's presently neutral, consolidating. So neutral as of now.
- It looks like a fresh EW wave formation started from 20/06/2022, after completion of previous wave since June 2020.
- Now the current wave-1 replicates the same price-action of June'20 to Dec'20, starting from June'22 to till date.
- It can be viewed as a Pole-and-Flag also, where the price action moves up and then consolidating. We are actually now a consolidation phase.
- It can be viewed as a W pattern as well (shown as dotted W with a dotted neckline).
Support is at 158 level; Resistance is at 190 level. It's presently neutral, consolidating. So neutral as of now.
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.
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.