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Swingtrader20192015
Nov 13, 2020 5:25 AM

Breakout from Triangle Pattern, Go Long in India Cement Long

INDIA CEMENTSNSE

Description

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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