See the chart of Tata Consumer Products in 15min time frame. The chart forming a symmetrical triangle pattern.
Today 16Jun2022, the global indices are in green as it reflecting in Indian markets. So there is more possible chance of Bullish. We can trade LONG in INTRADAY if it breaksout the upper trendline.
Today 16Jun2022, the global indices are in green as it reflecting in Indian markets. So there is more possible chance of Bullish. We can trade LONG in INTRADAY if it breaksout the upper trendline.
Trade closed: target reached:
I said it will break the upper trendline, but I also mentioned in the chart that the price would go down. As per my analysis, it worked well.