Descending Triangle Pattern Spotted in Apollo Hospital .
Updated
Apollo Hospital is in Clearly Uptrend .
After an Impulsive Wave Stock is in Corrective Wave and Stock Range is Getting Smaller .
It formed Descending Triangle , Which is kind of Bullish Pattern in Trending Market .
Price Also Testing Trendline Support and Demand zone . Confluence of several Things appearing at same Time.
When this Triangle Break you can Expect Impulsive Move till 3364.
Entry - 2945
Stoploss - 2778
Target - 3364
R/R is very Good in this trade .
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After an Impulsive Wave Stock is in Corrective Wave and Stock Range is Getting Smaller .
It formed Descending Triangle , Which is kind of Bullish Pattern in Trending Market .
Price Also Testing Trendline Support and Demand zone . Confluence of several Things appearing at same Time.
When this Triangle Break you can Expect Impulsive Move till 3364.
Entry - 2945
Stoploss - 2778
Target - 3364
R/R is very Good in this trade .
If you like my Analysis Please like and share this
you likes keeps me motivated to find more trades like this
Follow me for more
Happy Trading
Trade closed: target reached
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