Update on Symmetric Triangle in Bank India posted yesterday
It didn't give a convincing breakdown as the break down bar is nither with good spread nor volumes. But after that, we could see some volumes, but they are not considerably higher than earlier volumes during the triangle formation. I did not enter this trade, but any holders can keep holding the short trade with the stop loss at 335 + filter.
It didn't give a convincing breakdown as the break down bar is nither with good spread nor volumes. But after that, we could see some volumes, but they are not considerably higher than earlier volumes during the triangle formation. I did not enter this trade, but any holders can keep holding the short trade with the stop loss at 335 + filter.
Below is the chart of Bankindia in 5 min time frame:
