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hardeepssethi
Apr 20, 2023 3:28 AM

Elgi Equipment Ltd. Looks Good. 

ELGI EQUIPMENT LTDNSE

Description

A Symmetrical Continuation Triangle (Bullish) Pattern found on daily chart
The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend.

Short term target is marked.

Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.

Trade closed: target reached

Target reached and closed, however stock has tendency to go higher, need to analyze.
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