Long
Updated

Compression Breakout expected

National Peroxide, monopoly in Hydrogen Peroxide market, from Wadias making compressed triangle pattern on daily as well as weekly charts. Expected a strong breakout. 2130 as first Target, as mentioned on the chart.
No recommendation, Do your own study.
Trade active
Today gave breakout from triangle with a gap up opening and sustaining the move. Day's high till now is 2120, just 10 ₹ short of first target... Will be under watch for further targets n trade.
Trade active
High till now...2149.... First Target done.
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