Jump to: Pattern Result
Date and Arrival Time: 2021-05-28 09:45
Symbol Name: RELIANCE
Pattern and Direction: Bullish Symmetrical Triangle Break
Pattern Completion Price: 2016.70 , Pattern Ideal Completion Price: 2002.65
A Bullish Pennant Break has arrived at market open.
There is a potential Buy opportunity at2016.70. A safe stop-loss for this Symmetrical Triangle can be kept at 1960.00 as per the pattern invalidation level or at 1% below the pattern completion depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
Result: 28th May 2021 – Success
Let’s take a look at the results below!