✅On 1 Day Time Frame Stock Showing Reversal of Ascending Triangle Pattern. ✅ It can give movement upto the Reversal final target of below 818-. ✅There have chances of breakdown of Support level too. ✅ After breakdown of Support level this stock can gives strong downside rally upto below 740-.
@prithivi706, triangle pattern can break on either side. check whether there is increase in volume when the pattern breaks. Also check that, the opposite reaction of the candle is not more than 20%. if these conditions satisfied, then only you can consider trade in this scripts.
prithivi706
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@Hallowman14, thanks you for the response, appreciate it..