Industower "Breakout Pick"
Indus tower has been spotted "W" Pattern structure on Daily time frame
"W" Pattern - Double Top and Double Bottom with an Average price action move - Selling Climax Zone
The double bottom pattern always occurs after a major or minor downtrend in a specific security and signals a reversal and the start of a potential uptrend.
Trade Ideas
Currently, Industower is in the range of Rs 203.30. If the pattern continues, the price of Industower might reach the resistance levels of Rs 235, If the trend reverses, then the price of Industower may fall to Rs 180
Accumulation Range 196-08 for Target 235
Happy Trading
Indus tower has been spotted "W" Pattern structure on Daily time frame
"W" Pattern - Double Top and Double Bottom with an Average price action move - Selling Climax Zone
The double bottom pattern always occurs after a major or minor downtrend in a specific security and signals a reversal and the start of a potential uptrend.
Trade Ideas
Currently, Industower is in the range of Rs 203.30. If the pattern continues, the price of Industower might reach the resistance levels of Rs 235, If the trend reverses, then the price of Industower may fall to Rs 180
Accumulation Range 196-08 for Target 235
Happy Trading
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.