Hello & Welcome to this analysis
It is now approaching a bearish Harmonic ABCD and it that process also forming a rising wedge suggesting some profit taking might come in.
In the short term stock has support at 175-165 and below that near 150 where medium to long term investors would come in. It has resistance around 184-187, if it manages to breach above it...
Hello & welcome to this analysis
LTTS from May 2021 lows formed a Bullish Harmonic Bat in July 2022. From there it has almost given a 62% retracement to now form a Bearish ABCD Pattern suggesting some consolidation to pullback till 3900 until it starts sustaining above 4400.
Not an area to go aggressive fresh long right now, more of a pullback for entry and then...
