BIRLACORPN - Looks Good!
Updated
Script: BIRLACORPN
Time Frame: Daily Chart
Type Of Pattern Identified: Symmetrical Continuation Triangle pattern
A Symmetrical Continuation Triangle pattern, is typically seen as a bullish continuation pattern. This pattern usually indicates a temporary consolidation before the price continues in the direction of the prior uptrend.
Traders often look for a breakout to confirm this pattern, usually with increased volume supporting the breakout.
This breakout suggests a potential continuation of the uptrend.
Remember to consider other factors and confirm with additional analysis before making any trading decisions.[/I]
PLEASE NOTE THAT:
Time Frame: Daily Chart
Type Of Pattern Identified: Symmetrical Continuation Triangle pattern
A Symmetrical Continuation Triangle pattern, is typically seen as a bullish continuation pattern. This pattern usually indicates a temporary consolidation before the price continues in the direction of the prior uptrend.
Traders often look for a breakout to confirm this pattern, usually with increased volume supporting the breakout.
This breakout suggests a potential continuation of the uptrend.
Remember to consider other factors and confirm with additional analysis before making any trading decisions.[/I]
PLEASE NOTE THAT:
- This chart analysis is only for reference purpose.
- This is not buying or selling recommendations.
- I am not SEBI registered.
- Please consult your financial advisor before taking any trade
Trade closed: target reached
Educational Target Closed 06th May 24
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