Borosil Renewables Ltd
Date : 14.09.2024
Borosil Renewables
Timeframe : Weekly
Remarks :
1 Consolidation lead to formation of descending triangle pattern
2 There's clear support & resistance within the descending triangle pattern
3 Formation of cup & handle pattern evident within descending triangle
4 Exit of resistance band + descending angle + handle = Breakout
5 Exit of support band + cup low + Neckline = Breakdown
Regards,
Ankur
Borosil Renewables
Timeframe : Weekly
Remarks :
1 Consolidation lead to formation of descending triangle pattern
2 There's clear support & resistance within the descending triangle pattern
3 Formation of cup & handle pattern evident within descending triangle
4 Exit of resistance band + descending angle + handle = Breakout
5 Exit of support band + cup low + Neckline = Breakdown
Regards,
Ankur
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