NOCIL LTDLong
NOCIL - Triangle pattern - 50% upside potential
Updated
NOCIL has formed triangle pattern and has closed near resistance levels of 245. Recent price action and volume looks good.
Daily close above 255 will confirm the breakout of triangle and trendline.
Target: 370+
SL: Daily close below 235
Daily close above 255 will confirm the breakout of triangle and trendline.
Target: 370+
SL: Daily close below 235
Trade active
Breakout given today with gap up opening, will be good weekly closing and can continue upwards momentum in coming days, keep trailing sl.
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