Long
descending triangle formed in uptrend, breakout happened.
Pennant/descending triangle formed in uptrend (continuation pattern), breakout happened supported by volume.
first support seen at 62 levels.
second support at 57.5
third support at 52.5
can go long (CMP 66 as on July 13,2021) with short term target of 72 (or higher target for long term)
first support seen at 62 levels.
second support at 57.5
third support at 52.5
can go long (CMP 66 as on July 13,2021) with short term target of 72 (or higher target for long term)
Note
first resistance near 68, second at 75 levels
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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.