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Palanthi Chavi in Reliance and Tata Motors

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  • M Offline
    M Offline
    Mehul Bosamia

    Pro User

    wrote on last edited by
    #1

    Palanthi Chavi applied in Reliance & Tata Motors

    Reliance CMP 1279 SL 1243 (yesterdays low)

    Tata Motors CMP 794.75 SL 759 (yesterday's Low)

    Palanthi - Todays low = Previous Close. Basically a profit booking chavi by Kanti kaka. but as per my studies its a strong Reversal situation.

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    1
  • Brijesh Bhatia Offline
    bbrijeshB Offline
    Brijesh Bhatia

    Pro User

    wrote on last edited by
    #2

    Those you want to understand the Bottom Palanthi Pattern, here it is:

    image.png

    Regards,
    Brijesh Bhatia,
    Definedge Forum.

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  • P Offline
    P Offline
    PRANAV GULABANI

    Pro User

    wrote on last edited by
    #3

    FII ni selling & Musk nu starlink ni entry news saame koi pan pattern fail thavani chhe

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