Bottom Triangle chart pattern formed on Star Cement Ltd.
The pattern formed over 25 days which is roughly the period of time in which the possibility price range may be achieved, according to standard principles of technical analysis.
Tells Me: The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation.
PLEASE NOTE THAT:
The pattern formed over 25 days which is roughly the period of time in which the possibility price range may be achieved, according to standard principles of technical analysis.
Tells Me: The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation.
PLEASE NOTE THAT:
- This chart analysis is only for reference purpose.
- This is not buying or selling recommendations.
- I am not SEBI registered.
- Please consult your financial advisor before taking any trade.
Trade closed: target reached:
EDUCATIONAL TARGET CLOSED!