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.
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