shivanibist

descending triangle

shivanibist Updated   
NSE:THERMAX   THERMAX
It made the pattern of descending triangle they more often mark a continuation of the current trend. The direction of major move can only be determined after valid breakout point. If trend changes to upward trend buying is recommended or if it remains in sideways profit can be made through short selling and buying in short term.
It made a pattern of Descending triangle it is a bearish formation that usually forms during an downtrend as a continuation pattern. So it is recommended to sell if it breakout from support level the because trend reversal will be continuation of downtrend.
Comment:
breakout as trend changes to an upward trend.
buying is recommended.
also, do your analysis.
Trade active
Trade closed: target reached
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