In my earlier posts I have mentioned how do symmetrical pattern work. This time again I am presenting you with one more such opportunity. Till then for our new readers of our blog here is what symmetrical pattern is.
Symmetrical pattern is a continuation pattern. In an upward trend it forms two lower highs and two higher lows. In this pattern it...
Star.ns Strides Shashun is moving in a wedge shape and should soon be in a position for a breakout to 490-500 range in the short term.
I am not a financial consultant and this should not be construed as trading advice. These are my own views. Kindly consult your broker or
financial advisor for trading ideas.
BUY STAR ABOVE 722
STOP LOSS OF 700
TIME FRAME 5 TO 10 DAY'S
ON DAILY CHART STOCK CLOSED ABOVE 20 DEMA AND ALSO GIVEN TRENDLINE AND DOUBLE BOTTOM PATTERN BREAKOUT.
MAJOR TECHNICAL INDICATOR SHOWING POSITIVE SIGN.