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Swingtrader20192015

Breakout from Triangle Pattern, Go Long in India Cement

Long
INDIA CEMENTS (NSE:INDIACEM)  
Swingtrader20192015 Updated   
NSE:INDIACEM   INDIA CEMENTS
Trend Analysis Chart Patterns Beyond Technical Analysis indiacements priceactionanalysis
2
0
trendanalysis chartpattern beyondta indiacements priceactionanalysis
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.

Trade active:
Entered at 126.5
Comment:
India cements moving towards target. Trail SL to cost and wait for target of 135
Trade closed: target reached:
Book profit @134.5-134.7. RRR - 2.13
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