vipin_krishnan

GHCL :: Bullish Pennant formation

GHCL (NSE:GHCL)  
NSE:GHCL   GHCL
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2
GHCL is on the edge of breaking out from a bullish pennant pattern. Watch out for a breakout confirmation.
Trade active: Pattern is not complete, but still I entered for target of 190 as it seems like a breakout.
Comment: Seems like a breakout, but retracement candle was seen immediately the next day. Lets wait.
Trade closed: target reached: Target of 190 reached and even hit 200.