This pattern is found in a uptrend . According to this pattern the stock can achieve a target of 1855, with a stoploss of 1930. The stock has broken its 50EMA support and can go till 1855, 1815 which is the 200EMA Support. Only for educational purpose .Do your own research before investing.
As one can see there is a triangle patterns formations one can either go bullish or bearish according to the markets , if nifty opens gap up then target could be 133 and if it opens flat ,or gap down the target
Could be 122 that is exactly around 200EMA. This is for educational purposes only ,Do your own research before investing.
This is for educational purpose only .
One should consult his advisor and should take decision if they want to invest .
As one can see there’s a Ascending triangle and a channel breakout.
One can buy at Current price of 1457 with a target of 1500 , 1525 and sl of 1350.
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