🟢 NBCC – Symmetrical Triangle Breakout (1D Chart)
📈 Chart Setup:
NBCC has given a clear breakout from a symmetrical triangle pattern on the daily timeframe, indicating a possible trend continuation.
🔹 Volume: Noticeable rise in volume during breakout, confirming strong participation.
🔹 Trend: Price sustaining above breakout zone.
🔹 Key Levels:
Breakout Zone: ₹117
Immediate Support: ₹112, 109
Next Resistance Target: ₹125
💡 View:
If the price sustains above the breakout level, further upside momentum can be expected. A retest of the breakout zone may offer a good risk–reward entry opportunity.
📊 For educational purpose only. Not a buy/sell recommendation.
📈 Chart Setup:
NBCC has given a clear breakout from a symmetrical triangle pattern on the daily timeframe, indicating a possible trend continuation.
🔹 Volume: Noticeable rise in volume during breakout, confirming strong participation.
🔹 Trend: Price sustaining above breakout zone.
🔹 Key Levels:
Breakout Zone: ₹117
Immediate Support: ₹112, 109
Next Resistance Target: ₹125
💡 View:
If the price sustains above the breakout level, further upside momentum can be expected. A retest of the breakout zone may offer a good risk–reward entry opportunity.
📊 For educational purpose only. Not a buy/sell recommendation.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.