Jump to: Pattern Result
Date and Arrival Time: 2021-03-05 09:45
Symbol Name: SBIN
Pattern and Direction: Bearish – Descending Triangle
Pattern Completion Price: 386.10, Pattern Ideal Completion Price: 388.55
A Bearish Descending Triangle Break has arrived at 09:45.
This is a pattern with a formation span of 11 days starting from the 2021-02-18 09:45 – 2021-03-05 09:45.
There is a potential Sell opportunity at 386.10. A safe stop-loss for this Descending Triangle Break can be kept at 408.90 as per the pattern. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 30th March- Success!
Let’s take a look at how this pattern’s results unfolded:
