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DEN NETWORKS - Parallel Channel & Trendline

Long
NSE:DEN   DEN NETWORKS LTD
Den Networks is poised for a breakout on crossing 54 from below with Volume . It'll breakout from the Downward Parallel Channel (since July '20) & the Trendline. Average Trading Volume has increased since the last week of March. Keep an eye on this one. BUY above 54, SL 47-48, Target(s) - 59, 65, 70, 75. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Comment:
Trade closed: target reached: 59.80.
Trade closed: target reached: 65.30.

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