A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend.
Target- 450-460
Stop Loss- 390 (On closing Basis)
Time frame - Short to Medium
Friday, October 22, 2010
Indian Oil Corp Ltd
Continuation Wedge (Bullish) (428.1)
A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend.
Target- 450-460
Stop Loss- 390 (On closing Basis)
Time frame - Short to Medium
A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend.
Target- 450-460
Stop Loss- 390 (On closing Basis)
Time frame - Short to Medium
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment