SBICARD - Bullish Descending Triangle -Breakout - Wkly
SBICARD - Bullish Descending Triangle -Breakout - Wkly-
Name - SBICARD
Pattern - Descending triangle
Timeframe - Wkly
Status - Breakout
Volume - Very Good
Cmp - 800
Target - 930,1029, 1060 and 1256
SL - 765
A descending triangle consists of:
A descending trendline (resistance): As the price moves lower and posts lower highs, it will create a falling trendline
A horizontal trendline (support): This line represents a key level of support
Name - SBICARD
Pattern - Descending triangle
Timeframe - Wkly
Status - Breakout
Volume - Very Good
Cmp - 800
Target - 930,1029, 1060 and 1256
SL - 765
A descending triangle consists of:
A descending trendline (resistance): As the price moves lower and posts lower highs, it will create a falling trendline
A horizontal trendline (support): This line represents a key level of support
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.