TradingView
skbharathi
Jan 8, 2017 1:06 PM

Torrent Pharma-Hourly Rising Wedge Short

TORRENT PHARMNSE

Description

Torrent pharma-hourly chart indicates a rising wedge pattern.
Can the stock fall out of this rising wedge pattern as the buying volumes
have dried up after the huge selling volume

Trade closed: target reached

As expected the stock has fallen down from the rising wedge, The stock went still farther to the point where the rising wedge pattern started. Thanks and Regards
More