Panchalk

Breakout from Triangle pattern

Long
NSE:GREAVESCOT   GREAVES COTTON LTD
Greaves has been trading close to 200 EMA ( very important MA) or just above it...and it has also BO'd from triangle pattern today...if it opens with GOOD VOLUMES, the following day then i would take a position. Just FYI It has been falling for some time now, and then started consolidating, and BO'd today. Targets market. Trade at your own risk. This is just an idea.
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