Ambuja Cement Bullish pennant pattern formation on 1D timeframe
There is a bullish pennant pattern formed in 1D timeframe.
It can be a good trade for both swing traders an intraday traders once it backs the upper parallel channel.
First target could be 460.00 level
SL would be end of wick of the break-out candle
Happy Trading Cheers:)
It can be a good trade for both swing traders an intraday traders once it backs the upper parallel channel.
First target could be 460.00 level
SL would be end of wick of the break-out candle
Happy Trading Cheers:)