
What Is Happening on the HAL Chart?
https://whatsapp.com/channel/0029VbBYpzWJJhzg78JVfR3M After a significant upward movement, HAL entered a broad consolidation phase. Instead of continuing immediately higher, the stock began forming a series of lower highs and higher lows . The falling resistance line connects the successive highs, while the rising support line connects the successive lows. As these two trendlines converge, they create the shape of a Symmetrical Triangle . This is generally considered a continuation pattern , although the eventual breakout can occur in either direction. Therefore, the direction of the breakout and confirmation are more important than the patte…



