ASCENDING TRIANGLE FORMATION
After a good bull run it was in good consolidation and has formed ascending triangle.
After breakout can give 7-10% returns
Stop loss can be placed below trendline or 1300 on closing basis
After breakout can give 7-10% returns
Stop loss can be placed below trendline or 1300 on closing basis
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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.
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.