Pidilite analysis for future weeks
Updated
Let's see if it completes the ascending triangle in the hourly time frame.
Will short when the pattern breaks.
The first target is 50% retracement of the symmetrical triangle.
The final target is 100% retracement.
Will short when the pattern breaks.
The first target is 50% retracement of the symmetrical triangle.
The final target is 100% retracement.
Note
If price closes above the downward sloping trendline and sustains for a day then close this short trade and go long.Trade closed: stop reached
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