On Dt. 9.11.14 - APOLLO TYRE Fut-4hr WHITE SWAN and THE BEARISH THREE DRIVE Pattern.
Resistance 1 would be 239.85(Point 3=161.8% of The Bearish Three Drive Pattern).
Resistance 2 would be 243.00(261.8% of White Swan Pattern).
Thus Long can be initiated till 227.70 with SL 222 for Target of 239.85 and 243.00.
Update - High made 243.40.
Resistance 1 would be 239.85(Point 3=161.8% of The Bearish Three Drive Pattern).
Resistance 2 would be 243.00(261.8% of White Swan Pattern).
Thus Long can be initiated till 227.70 with SL 222 for Target of 239.85 and 243.00.
Update - High made 243.40.
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