KIRLOSKAR OIL ENG LTD
Long
Updated

Kirloseng| Breakout of Symmetrical Triangle

321
Disclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions.
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1. Price has been forming a Triangle Pattern.
2. Breaks out with HH, HL movement.
3. Sustaining well after breakout. After some consolidation, a good move is expected.

Entry: 561
SL: 532
Tgt: 627
RR: 2.45
Trade closed: target reached

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