Long
Dena Bank - Symmetric triangle in formation
Dena bank has been trading in the range of 30.33 to 32 for more than a month now and tried to break out of the 32 range with volume recently. There is a strong support at 30.33 and it looks like Symmetric triangle is in formation.
One can go long on confirmation of the break out above 33.20
Target 1 - 37.70
Target 2 - 42.30
One can go long on confirmation of the break out above 33.20
Target 1 - 37.70
Target 2 - 42.30
Order cancelled
Trade dint got triggered
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