NSE:TRENT
TECHNICAL ANALYSIS
--> TRENT had made a impulsive upmove earlier and was consolidating in a BULLISH RECTANGLE since 6 months.
--> TRENT has given a breakout from a BULLISH RECTANGLE Pattern at 1225.
--> TRENT consolidated again in a smaller BULLISH RECTANGLE and has given a breakout above 1315.
ENTRY
--> Take a postion when...
Price after the fall breaks the trend line and shoots up strong and now trading in a small range to form a bullish rectangle pattern.
Pattern is almost nearing its completion and the next step is breakout. Wait for the break and enter the market for the target of previous high.
Godrej properties - Price is consolidating and trading inside a bullish rectangle after a good impulsive move.
Price rallied from 575 to 900+ in an impulsive move in June 2020, took resistance at 0.618% retracement level. The price is hovering between 850 to 950 range for the last 3 moths.
A clear breakout is awaited above 965 to take a long entry.
Sl should...
Guys NIFTY form Bullish Rectangle Keep Watch and get profit on OPTION
Disclaimer:
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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