Jump to: Pattern Result
Date and Arrival Time:2021-02-26 15:25
Symbol Name: SUNPHARMA
Pattern and Direction: Bullish – Shark
Pattern Completion Price: 590.05, Pattern Ideal Completion Price: 589.05
A Completed Shark has arrived close to market close, at 15:25.
This is a pattern with a formation span of 4 starting from the 2021-02-22 15:25 – 2021-02-26 15:25.
There is a potential Buy opportunity at 590.05. A safe stop-loss for this Shark can be kept at 582.80 as per the pattern invalidation or 1% below the completion depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 3rd March – Success!
View the results of this pattern below:
