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tradewithamey_
Jun 5, 2023 10:28 AM

Triangle breakout in this finstock Long

FIVE-STAR BUS FIN LTDNSE

Description

Fivestar Business finance has been consolidating in a symmetrical triangle pattern from its listing in late 2022.
The stock has given a breakout today with good volumes. 575 is a minor resistance above which stock can move up quickly.

The immediate support for the stock is its previous swing low of around 525.
550-555 is a best buy level for a good risk reward with targets of 595, 620++.

Note:- Idea is shared for educational purposes and should not be taken as a recommendation.

Trade closed manually

Target 1 hit without entry activation
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