Could this ascending triangle be a downtrend signal ?
Hindalco about to do a beautiful reversal from its strong support and RSI also favoring the reversal trend
The chart is about to form a BULLISH CYPHER Pattern and is likely to touch back the high level resistance R1.
A possible reversal at a strong resistance S2 based on pure action.
A very crutial point for banknifty and a very crucial day tomorrow.