DEEPAK NITRITE LTD

Short

Bears are still on...

By Ravi_Singh_Chauhan

Updated

started to fall from its all time high of 1988, then from mid May it is in consolidation mode. Now, it looks like it's making a pennant/triangular pattern ( T1& T2 ) which is ready to continue the downfall till 1625 if successful breakdown occurs.
TRADE AS PER PRICE ACTION.
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Trade closed: stop reached

Deepak Nitrite has taken support near 1712 and looks like it has changed its trend. SL on this side

Ravi_Singh_Chauhan

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