Indostar Capital Finance Ltd
Date 14.09.2024
Indostar Capital Finance
Timeframe : Weekly Chart
Remarks :
1 Previously formed an ascending triangle which gave breakdown
2 Currently bounced this year & formed rounding cup pattern
3 Rounding cup neckline & major support & resistance is critical as trend shift in stock
4 Breakout possibility = Exit from 50% of resistance fan + neckline + 38.2% of Fibonacci retracement
Regards,
Ankur
Indostar Capital Finance
Timeframe : Weekly Chart
Remarks :
1 Previously formed an ascending triangle which gave breakdown
2 Currently bounced this year & formed rounding cup pattern
3 Rounding cup neckline & major support & resistance is critical as trend shift in stock
4 Breakout possibility = Exit from 50% of resistance fan + neckline + 38.2% of Fibonacci retracement
Regards,
Ankur
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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.