SELL JETAIRWAYS (Jet Airways (India) Ltd) BELOW 2340SELL JETAIRWAYS (Jet Airways (India) Ltd) BELOW 2340
SELL
SELL RELCAPITAL (Reliance Capital Limited) BELOW 188.6SELL RELCAPITAL (Reliance Capital Limited) BELOW 188.6
Descending Triangle Breakout - Bearish Continuation PatternIndusindbk Short below 1471
Stop-loss 1490
Target 1406
Risk 1.29% And Reward 4.42%
RR Ratio 1: 3.42
Bearish Continuation Pattern
Descending Triangles
In this “flat-bottom” triangle, the bottom trendline is horizontal and the top trendline slopes downward. The pattern illustrates lows occurring at a constant price level, with highs moving constantly lower.