Descending-triangle
Descending Triangle on PNBDescending Triangle on PNB.
NOTE: This chart recommendation for positional, not for an intraday.
Trade:
Short below - 139.00
Target 1 - 136.80
Target 2 - 134.50
Stop loss - 142.40
Risk : Reward => 1 : 2
Reward Points - 4.5
Risk Points - 2.5
Descending Triangle Formation on Tata steel - SHORTDescending Triangle formation on Tatasteel.
Trade:
Short below - 410.50
Target - 405
Stop Loss - 415
Reward Points - 5.5
Risk Points - 4.5
Descending Triangle on Nifty -ShortDescending Triangle formation on Nifty and showing bearish trend on other indicators.
Trade (Spot Price)
Short below - 8125
Target 1 - 8113
Target 2 - 8107
Target 3 - 8099
Stop Loss - 8141
Reward Points - 26
Risk Points - 16
"Happy Trading"
