BULLISH BUTTERFLY
TATA TECHNOLOGIES, is forming a “bullish butterfly” pattern with PRZ1@867.55, PRZ2@850.15 and PRZ3@871.20
First pattern got failed as terminal bar doesn’t show any reversal sign and it also formed as resistance for terminal bar + 1 candle.
Hence new reversal zone for pattern is calculated.
First pattern got failed as terminal bar doesn’t show any reversal sign and it also formed as resistance for terminal bar + 1 candle.
Hence new reversal zone for pattern is calculated.
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