Rectangle & PF setup

Perfect Rectangle offers short term trade which could easily drag the price to 1310/1270 level. One can also wait for the stock to breakout from the pattern and continue with the trade.
Disclaimer : All ideas and comments are my personnel view. please take financial consultancy for trading decision.

Trade closed: target reached:

Closed on touch of channel line.

Comment:

Little patience could have rewarded well today. exceeded the second target,