Gartley Pattern
Point B : at least 61.8% retracement of XA leg , should not touch or close above 78.6 retracement
Point C: at least 61.8% retracment of AB leg ,should not touch or close above 78.6 retracement
Point D: 127.2% extention of AB.
Jet airways formed a bullish gartley pattern on weekly charts .
Buy at 380
Target 505
SL at 314 (on weekly close basis)