SYMMETRIC TRIANGLE PATTEREN formed on one day time frame (AXIS BANK) once this this breaks and retest then we can expect good upward movement.
it Also broke the PSYCHOLOGICAL LEVEL 700 AND TOOK THE SUPPORT AT ON 100 DAY EMA..(THIS IS BASED IN MY ON OBSERVATION )
if any body have any other view please comment that will helpful to me and others who see this
ON ONE DAY CANDLE INDAI BULLS HOUSING FINACE SHOWS DOUBLE TOP PATTERN BREAK OUT AND RETESTED TWICE THE RESISTANCE AND ALSO SHOWING BEARISH FLAG PATTREN IF THAT FLAG ALSO BREAKS DOWN THEN POTENTIAL MOVE WOULD BE DOWN.(IT JUST OPINION BASED ON MY ANALYSIS IF ANYBODY HAVE BETTER VIEW PLEASE MENTION IT IN COMMENT BOX SO THAT WILL BE HELPFUL TO ME AND OTHERS WHO SEE IT...
A s per my view It shows Head and shoulder pattern on one day tym frame .It is my observation.
IF ANYBODY HAVE APPROPRIATE OPINION PLEASE LEAVE A COMMENT THAT WILL HELP ME TO UNDERSTAND CHART PATTREN CLEARLY..
THANK YOU.\