ssvirdi

Breakdown of Descending Triangle Pattern.

Short
ssvirdi Updated   
NSE:GRANULES   GRANULES INDIA
Today's Marubozu Candle confirms the breakdown of the triangle Pattern.
The next important level to consider is 365.
Comment:
Today we have a Weak Body Green candle.
Weak buying with low volumes.
The price closed below the support zone.
Trend - Negative
Comment:
The price is retesting its breakdown level with a significant decline in the volume profile.
Also tomorrow the company is going to declare results.
Currently we are in the negative zone.
I am waiting for a good opportunity to enter my trade.

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