ELGI EQUIPMENTS LTDUpdated Elgi Equipment Ltd. Looks Good.
A Symmetrical Continuation Triangle (Bullish) Pattern found on daily chart
The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend.
Short term target is marked.
Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend.
Short term target is marked.
Note for everyone who came across this study:
This chart is only for educational 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
Target reached and closed, however stock has tendency to go higher, need to analyze.
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.