HARMONICSANAND

symmetrical triangle trade set up!!!

Long
NSE:BRITANNIA   BRITANNIA INDS
britannia : 3441

trade set up :
1. buy in range 3426 to 3441 .
2. keeping stop loss as 3360 on closing basis .
3. targets : 3501/3603/3709/3836+
technical buy based on :
1. trendline support .
2. symmetrical triangle .
3. price action at lower trendline support .
Comment: 3573+ high
Comment: 3617 high target 2 done
Comment: 3967+ high
Trade closed: target reached

Comments

If you look , last 2 advances and pull back are taking resistance and support at 0.718 of fibonacci retracement , Can that also be considered additional point to buy ?
+1 Reply
3649 high
Reply
target 2 done today at 3603+
Reply
3572 high
Reply
2542+ high
Reply
3504.85 high target 1 done
Reply
3493 high
Reply
Add to that close to oversold on RSI (14)
Reply