Jump to: Pattern Result
Date and Arrival Time: 2020-11-17 09:20
Symbol Name: PIDILITIND
Pattern and Direction: Completed – Bearish Wolfe Wave
Pattern Completion Price: 1597.4 , Pattern Ideal Completion Price: 1596.10
A Completed Bearish Wolfe Wave has arrived at 09.20 am.
This is a pattern with a formation span of 3 days starting from the 12th November – 17th November 2020, which suggests this pattern is based for short-term or intra-day moves.
There is a potential Sell opportunity at 1597.4. A safe stop-loss for this Wolfe Wave can be kept at a small % (e.g. 0.5%) above the pattern completion price of 1597.4.
UPDATE: 18th November EOD – Success
The price of PIDILITING has fallen from the exact level predicted by the Wolfe Wave! The maximum move fell to the price of 1553, at 10:05 on the 18th, with an 18th EOD price of 1561. Take a look at the results below:
