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harshmore25
Jul 13, 2021 4:24 AM

descending triangle formed in uptrend, breakout happened. Long

FUTURE RETAIL LTDNSE

Description

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)

Comment

first resistance near 68, second at 75 levels
Comments
harshmore25
good luck.
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