Bharat' Gears:142 breaking a symmetrical triangle and a long term trend line.60 points wide is the triangle at bring can bring the price down to 80 level.
Symmetrical Triangle are Continuation pattern, but there are instances when they mark important trend reversals. Regardless of the nature of the pattern, continuation or reversal, the direction of the next major move can only be determined after a valid breakout. Let us see how is evolve in to future. (For Study only)
Symmetrical Triangle are Continuation pattern, but there are instances when they mark important trend reversals. Regardless of the nature of the pattern, continuation or reversal, the direction of the next major move can only be determined after a valid breakout. Let us see how is evolve in to future. (For Study only)