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dineshkwal

Descending triangle formation; wait for the breakout

Long
NMDC LTD (NSE:NMDC)  
dineshkwal Updated   
NSE:NMDC   NMDC LTD
Trend Analysis Chart Patterns trianglepatterns
1
0
trendanalysis chartpattern trianglepatterns
A clear descending triangle pattern is seen in NMDC on the daily charts, keep in watchlist for the breakout of falling trendline.

Multiple support taken at 132 levels.

SL: 130
Trade closed: stop reached
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