This is Berger Paint stock. In this stock Descending triangle is forming.
* What is the Descending triangle pattern?
- A descending triangle is a chart pattern used in technical analysis created by drawing one
trend line connecting a series of lower highs and a second horizontal trend line connecting a
series of lows.
A regular descending triangle...
As chart shows a flag pattern has been formed in 30 min time frame and also bank nifty traded tightly today. which conclude that this range can burst out either bullish or bearish.
Another thing to notice a bullish wick reversal candle has formed which gives a hint for bullish side strength into bank nifty
May be a gap opening for tomorrow also expecting a...