Equitas Holding-Price trying to move above the TL

skbharathi Updated   
Equitas holdings, the price is trying to move above the falling TL(Trend LIne).
RSI gave a Breakout
Also the price is taking support at 50 DEMA.
Once it closes above the TL i.e 160 it can be longed for 165 and 175 levels
Stops can be placed @ 155
Thanks & Regards
Trade closed: stop reached:
The move above the TL was not sustained and it closed below the upper TL
and further selling brought the stock below the triangle. Stop reached.
Thanks and Regards


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