triangle pattern
.
Greenline is target
Redline is resistance zone
Black Zone is supporting zone
if it break resistance zone and sustain it then it will achieve our target
.
.
Note: Do your analysis before taking any action
All levels mentioned on chart.
Breakdown if happens can lead to good fall as there is no available support. However there is chance it can take support and bounce back.
Thanks
Piyush Gupta
Learn & earn.
it has formed at Morningstar pattern on daily charts and taking support at 2500 level. if it continuous it can rally upto 2700-2800 level in very soon time. but to make it has to sustain above 2560 level on lower time at least one candle.(15 min/1 hr).
Daily trend shows lower lows and lower highs.
