Wait for a proper BUY signal. I will update the same in Update Idea section. All the probable reversal zones ie. the retracements and trendline has been drawn. Be cautious and don't hurry to initiate a LONG position. Its okay if we miss the stock and the stock moves upwards. But buying or selling a stock without knowing the consequences is really dangerous.
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Chart and Analysis By - Adarsh Dey
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Respecting the Fibonacci Cluster. But as of yet no reversal signs.
kindly analyse , is apollo tyre making flag and pole on one day chart. thanks
AdarshDey
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@arun2404, As of now on daily charts it is neither of them because both the patterns haven’t emerged well. And I would suggest you not to think about any of it, as it is in rectangle pattern in hourly chart, picture has been attached in update idea section. It would even sound right as Flag and pole would make you bullish and rounded top will bearish, so basically you jump to a conclusion. Be indecisive with rectangular pattern and wait for a proper signal.