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WaveTalks
Feb 16, 2021 8:47 AM

DrReddy - Bullish Bat PRZ 4675-4700  Long

DR REDDYS LABSNSE

Description

Target Upside
4760
4860
4900+

Note - Pattern not be traded if falls below 4650

Last Idea - Selling The Tops - 4900 - Just Missed Downside Target -4625


Trade closed: stop reached

No Trading or Stop Loss Hit below 4650 --- Losing 25/40 odd points in the trade
Comments
Parasuram
pattern not to be traded could have been writen instead as stop loss..
prashant_aris
Hi Can you plz suggest any Books or Link to study Harmonic trading.
WaveTalks
@prashant_aris, Scott Carney -Harmonic Trading Volume 1 & 2
prashant_aris
@AbhishekHSinghCMT, Thank you.
Akshay77
Thank you❤
Stock_analysis-Raghav
May be it wasn’t a bat pattern it was a similar one where d goes below x
gaurav477
Sir it bounced from 4560 level. Should we wait for level 4675 to break to go long ?
PADMAJAMAHESHBABU
WHAT ARE NEXT TARGETS TO BUY ?
AS IT IS RUNNING FLAT CORRECTION ,NEXT FIB LEVELS MAY BE AROUND 4125 TO BUY......
WaveTalks
@PADMAJAMAHESH, Below 4400 - Accumulation will start happening -can go as deep as 4300 / 4100 as a possible scenario
PADMAJAMAHESHBABU
@AbhishekHSinghCMT, since one year I learned and still learning lot regarding chart reading ,from you.......

Thank You very much for reply sir.....
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