LT has given a breakout from rising wedge pattern.
However, today's candle is an inverted hammer which might be a sign of reversal and hence, it is a wait and watch scenario.
One can enter if there is a retest and continuation of uptrend from 2250-2300 levels
However, today's candle is an inverted hammer which might be a sign of reversal and hence, it is a wait and watch scenario.
One can enter if there is a retest and continuation of uptrend from 2250-2300 levels
Comment:
Evening star pattern at resistance. Be cautious!