This can not be called as traingle .too much of blank space inside the traingle.No distinct two touches for uppar trendline.It has already formed double bottom inside and now trying to form lets see what.
deoaniket
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I bought small qty for 163.50
When should I exit
Beara
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Woah. Great call
Peshdad
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@SouravLodha, Thanks buddy!
Likhitg21
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We should buy above 181.30 and how much long does it take to reach target intraday or positio!nal??
Peshdad
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@Likhitg21, I would suggest keeping the target 193.4 as there is another resistance just above that level. If price crosses 198.4 level you can consider re-entering long with the target of 228.7. Positional seems the way to go.
Likhitg21
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@Peshdad, thank you so much for today how much we can buy and target for intraday??
Peshdad
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@Likhitg21, Sorry for the late reply, this analysis was done by me on a daily chart so I would not recommend you to go intraday for this particular trade