JINDAL STEEL forming the triangle pattern, waiting for the breakout.
if it closes above the Resistance line , bullls might take charge,
if it closes below the trend line support , bears might take control.
Right Now we cant decide the trend, we can decide only after the breakout.
And we have to be careful with False breakouts.
Purely Price Action.
if it closes above the Resistance line , bullls might take charge,
if it closes below the trend line support , bears might take control.
Right Now we cant decide the trend, we can decide only after the breakout.
And we have to be careful with False breakouts.
Purely Price Action.
Comment:
moving as expected after breaking out long side.