SYMMETRICAL TRIANGLE WAITING A BREAK 👀👀

Hello friends I am sharing the weekly chart of Bajaj Finserv and it seems that is trading in a Symmetrical Triangle pattern nowadays with taking a resistance on upper line of triangle and support from the lower line of support mentioned on that triangle so what we can do after a Breakout Or breakdown happen or Until the for this I am sharing the ideas below.

BREAKOUT BREAKDOWN-:

BREAKOUT IDEA-: If it will break the Resistance of that triangle we can go for long for the target of 1800 zones which is near about the next resistance.

BREAKDOWN IDEA--: If it will break the Support of the Triangle we can go for a short for the target of 1100 zones which is nearly about the next support.

TARGETS-:

IDEA FOR PRESENT SITUATION-: Until then it gives a breakout or breakdown for a directional trade we trade on a Buy on support sell on resistance or sell on resistance buy on resistance strategy.

SUPPORT RESISTANCE PLAYING-:

Mine believe- Given time for waiting the maturity of trade it will never vain at the end you will come out with learnings.

NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk

ความคิดเห็น:

GAINING GOOD FOR SUPPORT RESISTANCE PLAYERS

การซื้อขายยังคงดำเนินอยู่:

GAINING GOOD REACHED 1432 FROM 1337 FOR SUPPORT AND RESISTANCE PLAYERS

ความคิดเห็น:

LONG SUPPORT BREKDOWN

ความคิดเห็น:

KEEP A WATCH FOR COMING WEEK🤝✌️