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Channel Breakout
EDELWEISS FIN SERV LTD
Long
Channel Breakout
By Breakout-Ideas
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Updated
Sep 9, 2022
1
Sep 7, 2022
Today I picked Edelwiss because, it broken trendline resistance on closing basis. The following factors are considered by me for picking this.
1. High Volumes at breakout.
2. Wedge Chart pattern breakout
For BTST trades Keep profit as 2% - 3%
Keep SL and Target profits mentioned on the chart for short term swing trades.
Please consider these for educational purposes
Sep 9, 2022
Trade closed: target reached
Sorry to Update, But I took it for BTST and BTST Target got reached at morning of next day
Chart Patterns
Trend Analysis
Breakout-Ideas
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