HCLTECH gave breakout from this pattern with avg . and we saw a retest with good volumes.
High than the breakout candle.
This is not a good indication.
Retail traders may get trap at higher levels.
Waiting for the strong indication of is the best option for now.
Nifty is near all time high.
I will not expect higher target at this levels.
But thinking to capture a small swing scalp with strict stoploss.
This post is for information purpose only.
Almost 15.5% in blue chip stock.