SW SOLAR - TRIANGLE PATTERN - DAILY CHART

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SW SOLAR is making a Triangle Pattern at daily chart, right now we may trade between the triangle pattern, because as per Price Action it may come back after touching 770 levels. If breaks and sustain 770 then probability of moving further towards 820 levels.
680 is a good support and we may consider it SL.

For learning and educational purposes only.
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Today Panic Selling happened in market and SW Solar came down but Daily candle closed at 685, above our SL 680.

Learning: It is also important to wait to close the candle when we are in Swing or Positional Trading.

Today it has made a Hammer Candle which is a positive sign but Nifty's move in the morning will also have impact on the market.

For learning and educational purposes only.
交易结束:到达止损
SW Solar didn't work, and hit the SL 624 on 6 august, though after that it started increasing and today, on 21aug it touched 709. 624 was the last SL, my analysis didn't work in this case. Next time need to work harder.
Technical IndicatorsTrend AnalysisTriangle

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