WATCHOUT FOR ASCENDING TRIANGLE PATTERN BREAKOUT

JSW ENERGY is making an ascending triangle pattern and closed high above the neckline.

Good volumes today and it has given a closing above 200 ema.

Buy above 277 (carry positional on day closing basis) for positional targets of 286, 295,
308 and eventually 343 (depth of the ascending triangle).

Technical SL would be 249 - one can adjust as per their R:R.

Learn & Earn,

Dr. Tanya Kumar
Chart Patterns

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