diagonaltriangle

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NeeteshJain NeeteshJain TVSMOTOR, 30, Short ,
156 0 3
TVSMOTOR, 30 Short
TVS Motor Breakout Wedge Setup (Sell)

It is been observed that the price action is trending up in a channel on Daily chart. Now, on 30 Mins chart, it formed a wedge pattern or diagonal triangle and breaks out from that and moving further down. As per the Fibonacci estimation, I would target it to 38.2 % Fibonacci. Target: 372 Stoploss: 394

86 0 2
CADILAHC, D
Cadilac Health Care - Forming Diagonal Triangle

The price action is trading a diagonal triangle and it is urge of a breakout on either side of it. Today's close shall determine the furture price action in this. Keeping a close eye on it as the breakout on either side shall reward in good returns.

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