Tripple top and made a rounding top. Tripple top is an indication for a bearish move and rounding top is bullish. so clearly TCS is trading on indecision Point.
Book profit if you were in long and wait for a clear move for short term swing
Hope you guys are doing great. Today I am sharing one of stock for next week watch list . It's name ACC the reason of behind picking this stock is " Pennant pattern " Please consider to watch the chart to know the full detail.
In long term I can see that reliance infrastructure bottom is stil not come. Consider to watch the chart, It make a descending triangle pattern.
What is descending triangle pattern?
Descending triangle is a bearish continuation pattern. The pattern is usually observed in a downtrend. There are few instances the pattern is seen during an...
ACC making Descending Triangle and my technical observation said that Bottom is still not found. Should be dump hard in a couple of weeks or a month.
What is a Descending Triangle?
The descending triangle is a bearish continuation sample. The sample is usually found in a downtrend. There are few times the pattern is seen during an uptrend...