triangular kind of pattern is formed on daily and 4hr time frame...
so both sid view we can consider and for now my view is bullish till 3500
if tommorrow or day after tommorow stocks gives breakout then we can initiate buy or short
it might give breakout to upside with heavy volumn then it will not stop till lifehigh price so trade according own risk reward or u can take this chart levels as ur trading setup....
Buy Above- 3240
Target - 3510 and above
short below-3020
Target- 2875
SL for both - 3140
so both sid view we can consider and for now my view is bullish till 3500
if tommorrow or day after tommorow stocks gives breakout then we can initiate buy or short
it might give breakout to upside with heavy volumn then it will not stop till lifehigh price so trade according own risk reward or u can take this chart levels as ur trading setup....
Buy Above- 3240
Target - 3510 and above
short below-3020
Target- 2875
SL for both - 3140
Trade active:
Failed to gave breakout...keep an eye
Kind Of false breakout
Kind Of false breakout