Jump to: Pattern Result
Date and Arrival Time: 2020-11-19 09:20
Symbol Name: POWERGRID
Pattern and Direction: Bullish Bat – Completed
Pattern Completion Price: 178.5, Pattern Ideal Completion Price: 178.60
A pattern has appeared at 09.20 am; triggered by a gap open down in the price of POWERGRID to complete the Bullish Bat.
This is a pattern with a formation span of 10 days, from 2020-11-05 13:40 – 2020-11-19 09:20
There is a potential Buy opportunity at the pattern completion of 178.5 A safe stop-loss for this Bullish Bat can be kept at level X; 177.00.
UPDATE: 20th Nov EOD – Success!
The success of this Bat needs little description; take a look at the chart below to see how it performed! There was a maximum intra-day move of nearly 7% from the open on the 20th morning, or an EOD move of more than 4% to the closing price of 192.
