SYMMETRICAL TRIANGLE FORMATION IN INDUSIND BANK
PATTERN IS VISIBLE IN THE DAILY CHART
HAS A NEARBY RESISTANCE AND SUPPORT
VOLATILITY AFTER RESULTS SHOULD NOT BREACH THIS LEVELS
!!PLEASE NOTE THAT!!
BREAKING OUT OF PATTERN ON FINANCIAL RESULTS ALWAYS
RESULTS IN CLEAR DIRECTION AND TREND FOR MEDIUM
!!TODAYS BREAKOUT WILL BE A DIRECTIONAL...
Chances of volatility is probably high on any result/earnings day.
Better to know the resistance and support levels if anyone is trading with these stocks so that the enter/exit points are known and stop loss can be calculated in advance to avoid losses/make gains.