Idea - Breaking Out Connection from Descending Triangle Short

VODAFONE IDEA LIMITEDBSE

Description

⋅ Oct 10, 2016 10:07 AM

It is been observed that the price action is trending down on daily chart. Now, the price action is breaking out from a Descending Triangle, indicating bearishness and selling pressure.

Target: 79
Target 2: 78.50
SL: 80.50

Trade active

⋅ Oct 13, 2016 5:13 AM

Trade closed: target reached

⋅ Oct 13, 2016 6:12 AM

Both Targets successfully achieved. Regards

IDEA Descending Triangle