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Breakout from Triangle Pattern, Go Long in India Cement
THE INDIA CEMENTS LTD
Long
Breakout from Triangle Pattern, Go Long in India Cement
By Swingtrader20192015
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Updated
Nov 13, 2020
2
Nov 13, 2020
India Cements has given breakout from triangle pattern on daily chart.
Volumes were 3X on the day of breakout. Continuation of breakout seen today
Try to go long in India cements between 125-127 for targets of 135-138 and SL at 122.75.
Nov 13, 2020
Trade active
Entered at 126.5
Nov 17, 2020
Note
India cements moving towards target. Trail SL to cost and wait for target of 135
Nov 17, 2020
Trade closed: target reached
Book profit @134.5-134.7. RRR - 2.13
Beyond Technical Analysis
Chart Patterns
indiacements
priceactionanalysis
Trend Analysis
Swingtrader20192015
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