rrajesh145

Ascending Triangle Pattern in HDFC

Long
NSE:HDFC   HOUSING DEVEL FIN
Ascending Triangle Pattern. Expecting breakout, Go long above the resistance line based on confirmation on lower time frames.
Trade active: Good breakout. Went till 1842 and in retrace now (Watch in 5 min candle). You can buy if it forms support in 1825-1820 range
Trade closed: stop reached
Comment: Bad luck. Second breakout was excellent

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