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Technical Analysis: Ascending triangle pattern formed in Idea Cellular

By Bhaveek Patel 4 Comments

Idea cellular is one of our technical analysis pick today, we see a ascending triangle pattern on weekly chart. If I tell you this pattern is a bi-directional pattern so breakout in such patterns can happen in either side. So we are not certain about the trade that a trader must be taking. In such situations we should keep patience and wait for the breakout first, but as markets are extremely ... [Continue Reading]

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