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Sep 26, 2017 4:12 AM

Dena Bank - Symmetric triangle in formation Long

Description

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

Order cancelled

Trade dint got triggered
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