C.E. INFO SYSTEMS LTD - MAPMYINDIA(NSE) | SYMMETRIC TRIANGLE

C.E. INFO SYSTEMS LTD - MAPMYINDIA(NSE) has been forming a Symmetric Triangle since the start of the year. The blue line i.e., had acted as a good Resistance as well as a Support as shown in the figure, as indicated by the two yellow, curved arrows. In short, a long candle cutting the triangle upwards can trigger an upward move till 1876(green, dashed line) and a long candle cutting the triangle downwards can trigger a downward move till 1649(red, dashed line) in the coming days. Watch out thoroughly.
Candlestick AnalysisTrend AnalysisTriangle

Also on:

Disclaimer