Squeeze incoming here
Updated
A typical triangle pattern with the squeeze coming for a breakout. only small concern here is the volume part which is not yet here. One may enter the stock in such situation with a small sl of 2-3%
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Disclaimer : The above analysis is for education purpose . One must do their own due diligence before taking any trading position.
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Disclaimer : The above analysis is for education purpose . One must do their own due diligence before taking any trading position.
Note
Finally massive movement seen here. SL not triggered either. For a sustained rally top of the triangle level of 708 need to be respected on weekly closing basis. Short term sl here would be 1% above cost.
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