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div850

Symmetrical Triangle Formation!

AJANTA PHARMA (NSE:AJANTPHARM)  
div850 Updated   
NSE:AJANTPHARM   AJANTA PHARMA
Triangle ajantapharma Symmetrical Triangle breakout
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triangle ajantapharma symmetricaltriangle breakout
Formation of Symmetrical Triangle with an indicator of receding volume increases the probability of the breakout.
False Breakout occurred.
Comment:
Breakout occured in the long direction. Still some movement left.

Let's see for another day.
Comment:
Reached it's Triangle high, completed its triangle breakout profile.
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