Borosil Renewables Ltd
Date : 14.09.2024
Borosil Renewables
Timeframe : Weekly
Remarks :
1 Consolidation lead to formation of descending triangle pattern
2 There's clear support & resistance within the descending triangle pattern
3 Formation of cup & handle pattern evident within descending triangle
4 Exit of resistance band + descending angle + handle = Breakout
5 Exit of support band + cup low + Neckline = Breakdown
Regards,
Ankur
Borosil Renewables
Timeframe : Weekly
Remarks :
1 Consolidation lead to formation of descending triangle pattern
2 There's clear support & resistance within the descending triangle pattern
3 Formation of cup & handle pattern evident within descending triangle
4 Exit of resistance band + descending angle + handle = Breakout
5 Exit of support band + cup low + Neckline = Breakdown
Regards,
Ankur
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.