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Gati Ltd - A Morning Star pattern perfectly formed on support.
Swing - 113 to 177
Shallow Pullback - 38.20% retracement level
Chart Pattern - Morning Star
The price takes support from the level of 150 which is a 38.20% Fibonacci retracement level. This level is considered as a shallow pullback. And the price formed a morning star pattern on this support level. This type of structure indicates the start of an uptrend.
1st Resistance - 160
2nd Resistance - 177
These levels can be considered as targets.
Hit the like button!! Show some energy!!
Thanks
Er. Simranjit Singh Virdi
Shallow Pullback - 38.20% retracement level
Chart Pattern - Morning Star
The price takes support from the level of 150 which is a 38.20% Fibonacci retracement level. This level is considered as a shallow pullback. And the price formed a morning star pattern on this support level. This type of structure indicates the start of an uptrend.
1st Resistance - 160
2nd Resistance - 177
These levels can be considered as targets.
Hit the like button!! Show some energy!!
Thanks
Er. Simranjit Singh Virdi
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