Bharat Road Network Ltd. - Descending Triangle Pattern
Bharat Road Network Ltd.
The stock is trading in a descending triangle pattern & at a support zone in the daily chart.
Until the support of 38-37 is protected on the downside, we are likely to see a strong bounce back after the price breaks out of the triangle pattern.
Technical parameters look neutral to positive as of now.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***This is my personal view. Please take advice from your financial advisor before investing.
The stock is trading in a descending triangle pattern & at a support zone in the daily chart.
Until the support of 38-37 is protected on the downside, we are likely to see a strong bounce back after the price breaks out of the triangle pattern.
Technical parameters look neutral to positive as of now.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***This is my personal view. Please take advice from your financial advisor before investing.
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Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500