nimbuz90

Symmetrical Triangle formation in process

Long
NSE:GODREJIND   GODREJ INDUSTRIES
Cmp is 551. If the price retrace to the upward sloping line and gets support, Longs can be initiated at 543-545 area.
SL - 530
T1 - 555
T2 - 565

Purely for study purpose
Thanks

Trade active: Entered @ 544
Comment: Price have broken downside of the pattern, but got support and hovering around the entry. SL is still intact. A bull close above 547 will push the prices to the mentioned levels.
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