NeeteshJain

HCL INSYS - Breaking out Ascending Triangle

Long
BSE:HCL_INSYS   HCL INFOSYSTEMS LTD
It is been observed that the price action breaks out from a ascending triangle on daily chart , indicating further bullishness. Now, it shall reach out to the next resistance levels as marked by triangle pattern rules.

Target: 57
Stoploss: 49


Trade active: After a market big fall, this is standing still and moving steady up. Buyers in full control. Regards
Trade active
Trade closed: target reached: Target reached successfully. Regards