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Neel30

contraction to expansion !

Long
MUNJAL AUTO INDUST (NSE:MUNJALAU)  
Neel30  
NSE:MUNJALAU   MUNJAL AUTO INDUST
Trend Lines Triangle Multiple Time Frame Analysis Symmetrical Triangle flatbase flatpattern breakouttrading Trend Line Break fundamental-analysis volatilitycontraction
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trendline triangle mtfa symmetricaltriangle flatbase flatpattern breakouttrading trendlinebreak fundamental-analysis volatilitycontraction
On weekly, Price contracted beautifully and step wise. Volatility contracted which is eventually being followed by expansion.
Great quarterly results.
12 weeks flat base.
symmetrical triangle.
Upper trendline BO with volume .
Volume action in base suggests accumulation.
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