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Tradersasi23
Sep 15, 2020 2:39 AM

Triangle breakout on cards - 340 target Long

E.I.D.-PARRY(INDIANSE

Description

Price gently took support and resistance inside a triangle pattern and breaks the pattern yesterday and reached the resistance. If breaks this levels then it will reach a target of 340 - 350 levels.

The best entry for this kind of trades are triangle support levels, sometimes the buyers after breakout exhaust and give up so that one who entered at breakout have a chance of stop hit.

Comment

As discussed the close was not strong enough and the price got rejected. Now it is about to break. Refer the pic in comment section
Comments
Tradersasi23
Lalit1990
SL kya rhega sir
GaneshaTrader
entered
Tradersasi23
@Ganesh771500, Fine - if price come for retest add some more shares to your position.
GaneshaTrader
Yes always at support not on breakout
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