Nitin Casting under Descending Triangle

As seen in the chart, Nitin Casting is trading under a Descending Triangle in the daily time frame. Any of the two -> break out above the upper trendline or break down below the lower trend line should be considered for further direction of the price.

Do Note: Break out or Break down will be considered as close price of a daily candle.

Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Chart PatternsDescending TriangleTrend Analysis

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