Talking about the share of Blue Dart, an ascending triangle is seen in it. So if we talk about the market, then 7497 was its first high. After touching the highs, there is a continuous decline in the market.
After the fall, its support level was 5441 . After touching that level, the market seems to be going up continuously.
When the market...
Daily TF is making higher lows signaling
an upside momentum, some demand should show up in volume..
But one has to wait and see if it gives a
breakout and move side ways or move up.
Avg days for a move of 70rs has taken 50days.
if its bullish it has to reach 290 level in another
At midnight someone bought it heavily, it had broken the ascending triangle support went to previous low and agin went up. It should hold above 51300. Keep eye on 200 ema at15 mins timeframe prices are retracing back from there.
Guys TCS make Ascending triangle pattern keep watch and stay tuned for further update
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
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