A DIAMOND top formation on WEEKLY CHART...
Updated
A diamond top formation is a technical analysis pattern that often occurs at, or near, market tops and can signal a reversal of an uptrend. It is so named because the trendlines connecting the peaks and troughs carved out by the security's price action form the shape of a diamond.
Targets: To calculate the breakout potential for a diamond formation, take the distance between the highest and lowest point in the diamond formation and add it to the breakout point.
Targets: To calculate the breakout potential for a diamond formation, take the distance between the highest and lowest point in the diamond formation and add it to the breakout point.
Note
AND STOP-LOSS rs.76Warning- I am not a Sebi registered advisor, I am giving my view on current tread, take the tread at your own risk and follow the stop-loss strictly
and see as a long term AND buy more 125 above
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