Descending wedge
Stock is forming descending wedge pattern on daily as well weekly chart.
Longs can be considered with at cmp or dip till 1950 levels with SL as stock closing below the lower trend line on weekly CB, for the target of upper trendline, with more than 1:2RR in short to medium term.
Kindly do your analysis before initiating trade.
Longs can be considered with at cmp or dip till 1950 levels with SL as stock closing below the lower trend line on weekly CB, for the target of upper trendline, with more than 1:2RR in short to medium term.
Kindly do your analysis before initiating trade.
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