parallel channel bottom point
the stock has following through parallel downward channel on the monthly time frame
now on a weekly timeframe, a descending triangle pattern is formed.
buy - cmp - 1090
target - 1250 , 1320 , 1400
stop loss - 1090- below 1070
now on a weekly timeframe, a descending triangle pattern is formed.
buy - cmp - 1090
target - 1250 , 1320 , 1400
stop loss - 1090- below 1070
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.