Script: BIRLACORPN Time Frame: Daily Chart Type Of Pattern Identified: Symmetrical Continuation Triangle pattern
A Symmetrical Continuation Triangle pattern, is typically seen as a bullish continuation pattern. This pattern usually indicates a temporary consolidation before the price continues in the direction of the prior uptrend. Traders often look for a breakout to confirm this pattern, usually with increased volume supporting the breakout. This breakout suggests a potential continuation of the uptrend. Remember to consider other factors and confirm with additional analysis before making any trading decisions.[/I]
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade