Hi friends,
Let me show tonight how a stock pattern is formed slowly ,The only reason
a trader misses a pattern is the time consuming nature of pattern formation.
This HDFC chart we can
see how continuous abc
formation is seen this is
third abc (zigzag ) in it
still early in the pattern but
if a=c then a fall till 870-865
can be seen after which the stock
should reverse ,Track this stock
its one of the super heavy weight
in nifty ,Lets see how this moves in coming sessions .
Regards
Rish
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