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is it a W pattern

Discussion in 'Technical Analysis' started by shwetagnema, Aug 8, 2013.

  1. shwetagnema

    shwetagnema Active Member

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    today maruti has gone above 1370. can we take it as W pattern or should we wait for some more positive ticks seeing the present days' scenario which is negative?
     

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    shwetagnema, Aug 8, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    No there isn't any W and it may be area of consolidation.
     
    shabbir, Aug 8, 2013
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