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manuagarwal21
Apr 26, 2022 7:18 AM

LT - SHARK PATTERN Long

LARSEN & TOUBRONSE

Description

There is a formation of the Shark pattern on the daily chart of the Larsen & turbo.

The first Potential Reversal Zone [PRZ] of the pattern is at 1625-1636.
The second PRZ stands at 1550-1560

Keep an eye on price action around these levels for catching a reversal or pullback trade.

Weekly support [ 1500-1520] of the stock also coincides with this pattern, making it an important formation.




Comment

weekly support at 1500-1520
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