A long position can be taken in BEL if it breaks out this triangle pattern.
Entry- 383 - 381
Stop Loss- 377
Target- 390, 395, 400
Reason- After a good consolidation BEL has made a triangle pattern. A breakout from the pattern can give a good move.
Disclaimer- This is just for educational purpose. Please take advice before making any decision.
Jai Shree Ram.
Entry- 383 - 381
Stop Loss- 377
Target- 390, 395, 400
Reason- After a good consolidation BEL has made a triangle pattern. A breakout from the pattern can give a good move.
Disclaimer- This is just for educational purpose. Please take advice before making any decision.
Jai Shree Ram.
Trade active
SL hit in the long trade but a breakdown of the triangle gave an entry towards the downside. Jai Shree Ram
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.
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.