Educational 19: Triangle Pattern Formations (Watch-list)
It is been observed that some of the charts are forming a symmetrical triangle on the daily chart which can provide good returns in coming days.
On verge of Breakout:
1. Hindpetro
2. South Indian Bank
Successful Breakout:
1. Hexaware
2. SRF
Regards
On verge of Breakout:
1. Hindpetro
2. South Indian Bank
Successful Breakout:
1. Hexaware
2. SRF
Regards
Trade active
SRF Trade Setup - Target: 1650
Stoploss: 1600
Regards
Note
Hexaware performed well after the breakout. Regards
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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.
Related publications
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.