Date : 19/05/2023 Chart Pattern : Descending Triangle Breakout. Time Frame : Weekly Chart CMP : 619.6 (Buy on Closing Above 624) Targets : 869 (3 Months) Stop Loss Level : Closing Below 560
Descending Triangle Breakout A regular descending triangle pattern is commonly considered a bearish chart pattern or a continuation pattern with an established downtrend. However, a descending triangle pattern can also be bullish, with a breakout in the opposite direction, and is known as a reversal pattern.
Disclaimer. I am not sebi registered analyst. Charts and levels are posted for Educational Purpose only it's not Recommendation. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.