We can see Britannia trading between these support and resistance creating a triangle pattern and a resistance at shorter term also. We just saw it retracing back from that resistance.
NSE:SAIL
Triangle pattern observed in SAIL since 70 days now, upper resistance tested 4 times now, this consolidation came after a bull run of 70% Increase in the share price, if it breaks we can see a good shoot up.
in the uncertainty of current times nifty is constantly moving on the path of its own mood, this is a descending triangle pattern I noticed. In my opinion the consolidation might continue
