nimbuz90

Symmetrical triangle - Awaiting breakout

NSE:MINDTREE   MINDTREE LTD
The stock has been in formation of symmetrical triangle for a week. Expecting a breakout on the upside but will wait for the markets to make the move. Will trade on it later once the breakout is successful.
Trade active: Yesterday we had a break on the downside and as of now the breakout level is retested. Entered short @ 1030 with a small SL of 1035 for an intraday target of 1020.
Trade closed: target reached: Thats a small good scalp. Target done
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