Pattern Failure - This pattern fails if we get close above 630. Pattern looks good if falls below 618-620 zone & can be lucrative for 600-605 Target Zone & Below 600 for 580-585 Target Zone. Traders should be ready for PRZ cut above 630 failing to close above 630 -will keep BAT's shadow active & alive.
Previous Update- Traded almost all legs from 580-585 zone to 620 levels.
About to enter the target zone 600-605 - Got 2 chances at 624-625 to sell in last 2 days.
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20:10 Hrs 18th May2017
Last Price@601
Day Low@597
1st Target Zone of 600-605 has been achieved from 625 tops. Here also we got couple of chances from 620-625 zone as suggested yesterday. Going below 595 & sustaining below that level then we see next 580-585 Target Zone.