hemenk0000

MTAR Looking for a breakout in Pennant chart pattern

Long
hemenk0000 Updated   
NSE:MTARTECH   MTAR TECHNOLOGIES LTD
Pennant chart pattern observed in MTAR Tech stock.

Breakout levels: Above 1780 - Target around 100 points.
Breakdown Level: Below 1700 - Target around 100 points.

Quarterly results were good so breakout probability is high. MTARTECH
Comment:
Do your own analysis.
Comment:
Chart is still strong though it was a red day.
Trade closed: target reached:
Target met on breakdown.

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