Trent
📊 #Trent #nifty #nifty50 #banknifty #niftybankNSE:TRENT
find long trade as per your trade setup for target of this Harmonic pattern's PRZ.
and if find reversal there at PRZ one can short as per their trade setup.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
ascending triangle breackoutNow the stock is going to another territory
The ascending triangle is a bullish continuation pattern and is characterized by a rising lower trendline and a flat upper trendline that acts as support. This pattern indicates that buyers are more aggressive than sellers as price continues to make higher lows
#Trent is your friendTrend is forming a similar structure to bullish ascending triangle and moving in a channel. One can look for bullish setup. Right now, entering at the current levels would be risky because short-term trend looks still bearish. If you blindly enter, then trent can become your enemy. :p
Around 632 seems firm support, it might be difficult to break those levels.
For such simple and highly accurate setups see my other charts. Thank you.
Regards.