Symmetrical Triangle Pattern.
Q4 Result on 12th May, stock is shown very less movement and in a range before results.
Wait for the confirmation breakout ,get confirmation from Volume as well to prevent false breakout.
Q4 Result on 12th May, stock is shown very less movement and in a range before results.
Wait for the confirmation breakout ,get confirmation from Volume as well to prevent false breakout.
Trade closed: target reached
All target achieved in just 2 trading session.More than 11% rally in just next day after the Q4 result.
Can go All time high, but profit booking expected in next session.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.