IDFCBANK – TRIANGLE BREAKOUT IS OBSERVED. THERE IS GOOD VOLUME WHILE BREAKINGOUT. LONG POSITION CAN BE CREATED IF PRICE CROSSES THE HIGH OF TODAY WITH STOPLOSS AT LOW OF BULLISH CANDLE FROM TODAY. THE TARGET EQUAL TO RISK TAKEN. TODAY THE BULLISH CANDLE HAS ALSO BREACHED THE FIRST RESISTANCE LEVEL. THE NEXT RESISTANCE LEVEL IS AT RS.64. 

3 Comments
  1. vignesh 6 years ago

    Hi sir,
    For triangle pattern the duration is minimum 1.5 months.

  2. Author
    S K UMESH 6 years ago

    Your observation is correct. However as triangle formation has happened and has shown a positive breakout, I have posted the same

  3. Author
    S K UMESH 6 years ago

    I think my prediction has yielded results next day itself. Please verify

Leave a reply

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?