ttk prestige parallel channel and symmetrical triangle view
bull side point of view.
at present the stock is on symmetrical triangle support line
if the stock go upside next target is R1 (834) and then (988)
and the support is S1 652
risk is low and high profit.
bearish point of view.
there is no sign of strong volume to move upside.
crossed 50 days EMA and going downside.
if the fall continue it will reach S1 652 easily and fall further to form new lower low.
this analysis is for learning purpose only.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
at present the stock is on symmetrical triangle support line
if the stock go upside next target is R1 (834) and then (988)
and the support is S1 652
risk is low and high profit.
bearish point of view.
there is no sign of strong volume to move upside.
crossed 50 days EMA and going downside.
if the fall continue it will reach S1 652 easily and fall further to form new lower low.
this analysis is for learning purpose only.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
bullish marubozu candle is forming.
aggressive trader may consider now and ordinary trader may wait until it crosses the upside trendline.