Symmetrical Triangle.
Axis Bank breaks Symmetrical Triangle.
What's this .......???
Unlike an Ascending or Descending Triangle, which has a flat base , a Symmetrical Triangle,
is a pattern whose both lines are sloping and converging towards each other.
The downward line sloping towards the upside and the upward line sloping towards the down ; and finally meet at a point.
Falling Wedge.
Canara Bank in Falling Wedge Pattern.
A Falling Wedge is like a Symmetrical Triangle with both lines converging towards each other in a down side slope.
But how to trade the two above mentioned patterns....????
How to become a successful trader and investor????
What's the right time to put in your money????
Get answers to these questions and trade with a belief in that the correct analysis will put my money in the stock worth investing.
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NIFTY FUTURE is looking strong on charts, long build up has been seen, we may see more upside, if it sustains above 8400 levels.
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