diceytrade

Mphasis Pennant Pattern Breakout!

Long
diceytrade Updated   
NSE:MPHASIS   MPHASIS LTD
A Pennant Pattern Is A Continuation Chart Pattern, Seen When A Security Experiences A Large Upward Or Downward Movement, Followed By A Brief Consolidation, Before Continuing To Move In The Same Direction.
Buy Above ~ 2270, Wait For 15 Minutes Closing Basis With Stop ~ 2190, Target ~ 2380, 2550 Short Term Trade Setup.
Trade closed manually:
Trade Closed At ~ 2380, Captured ~ 110 Points.

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