L&T Infotech Stock - Shark Pattern complete I dont usually trade stocks but I saw this setup on the chart
Shark pattern formation and price is now resting a little above 1.618 which makes shark pattern D leg complete.
Minimum retracement expected is 38.2% and 50% but I have provided 4 different targets.
It is overbought on lower timeframe and has small bearish divergence.
Shark pattern usually consists of 5-0 which is a continuation pattern, so I wont be surprised if stock moves further high!
