Edelweiss -> Waiting for Breakout ?
Edelweiss -> Waiting for Breakout ?
Since the beginning of November, the stock has gained 24%. It is currently forming an Ascending Triangle Pattern. Based on the pattern scenario, we can expect the price to fall to the 62-60 level before continuing to rise.
Currently price in the range of 67 Rs,If the pattern continues on the higher side, the price may rise to the next resistance level of 94 Rs, and if the pattern continues on the lower side, the price may fall to 49 Rs.
Only if the 49 Level is broken can the trend be reversed. Otherwise Accumulate each dip
Target has been decided based on Demand Zone
Happy Trading
Since the beginning of November, the stock has gained 24%. It is currently forming an Ascending Triangle Pattern. Based on the pattern scenario, we can expect the price to fall to the 62-60 level before continuing to rise.
Currently price in the range of 67 Rs,If the pattern continues on the higher side, the price may rise to the next resistance level of 94 Rs, and if the pattern continues on the lower side, the price may fall to 49 Rs.
Only if the 49 Level is broken can the trend be reversed. Otherwise Accumulate each dip
Target has been decided based on Demand Zone
Happy Trading
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.