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raavigeorgian

BASF India - 2wk Wedge Breakout on 4yr Resistance line

Long
BASF INDIA (NSE:BASF)  
raavigeorgian  
NSE:BASF   BASF INDIA
Trend Analysis Wedge multiyearbreakout wedgebreakout roundingbottom consolidation-breakout priceaction
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trendanalysis wedgepattern multiyearbreakout wedgebreakout roundingbottom consolidation-breakout priceaction
Tested the breakout area twice on weekly chart as well.

SL: Below BO candle
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)

Note: I reserve the right to be wrong.
For educational purposes only.


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