Symmetrical Triangle in Reliance

Reliance Industries has formed a Symmetrical Triangle on Daily Chart.

Though its a continuation pattern, and the current short term trend is down in RIL
it is expected to give a downside breakout to continue to trend.

However, since anything may happen in the market, it's better to wait for Breakout on either side of the pattern.
BANKNIFTYchartofthedayChart PatternsNIFTYnifty50relianceindustriesstocktowatchSymmetrical TriangleTrend Analysis

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