Nitin Casting is now trading above Descending Triangle trendline in weekly time frame, and also gave weekly close above last 1.5 Month's resistance of 92. 85 Rs is still a concrete support.
With MACD and RSI also improving strengths, will be an interesting road further for this chart.
Disclaimer: This is for educational purpose only. This is not any...
As seen in the chart, Nitin Casting is trading under a Descending Triangle in the daily time frame. Any of the two -> break out above the upper trendline or break down below the lower trend line should be considered for further direction of the price.
Do Note: Break out or Break down will be considered as close price of a daily candle.
Disclaimer: This is for...
