johntradingwick

ICIL - Ascending triangle pattern

Long
NSE:ICIL   INDO COUNT INDUSTR
1. ICIL broke out of the ascending triangle and is now retesting for demand at the flip zone (275-280).
2. New long can be opened above 270.
3. The price will soon retest the ATH.
4. The price also rebounded from the 0.5 Fibonacci level.

Rajat Kumar Singh
(@johntradingwick)
-NSE Certified Technical Analyst
-NSE Certified Fundamental Analyst
-NSE Certified in Investment Analysis and Portfolio Management

Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView

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