Breakout Scenario (Upside):
If the price breaks above the upper line of the triangle, it will be considered a bullish signal.
Target Price: The upward movement could be equal to the height of the triangle, which may take the price to around ₹200–₹220.
Breakdown Scenario (Downside):
If the price breaks below the lower trendline, it will be considered a bearish signal.
Target Price: The downward movement could bring the price down to around ₹140–₹130.
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Drop some feedback in the comments below! (e.g., What did you find most useful?
How can we improve?)
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Now, it's your turn!
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Have a successful week
DISCLAIMER: I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only
If the price breaks above the upper line of the triangle, it will be considered a bullish signal.
Target Price: The upward movement could be equal to the height of the triangle, which may take the price to around ₹200–₹220.
Breakdown Scenario (Downside):
If the price breaks below the lower trendline, it will be considered a bearish signal.
Target Price: The downward movement could bring the price down to around ₹140–₹130.
If you find this helpful and want more FREE forecasts in TradingView, Hit the 'BOOST' button
Drop some feedback in the comments below! (e.g., What did you find most useful?
How can we improve?)
Your support is appreciated!
Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week
DISCLAIMER: I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.