JINDALSTEL A solid Symmetrical triangle formed & broken out with volume.
Triangles are periods of consolidation showing rangebound trading in the stock. Once a breakout occurs, there is a good move expected up to the pattern height of the pattern.
SL - 720
Entry - 750
Target - 825
RR - 2.5
Disclaimer: This is NOT a Trade recommendation
Trade closed: stop reached
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Disclaimer
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.