Orient Bank - Decsending Triangle Breakout (Upside move ahead)

NeeteshJain Updated   
It is been observed on the daily chart that the price action breaks above the descending triangle which indicates a big move to upside ahead. It shall take prices up to the next resistance levels of 121. Once it breaks above that then it may rise further up.

Target (1): 121
Target (2): 122
Stoploss: 118
Trade active:
Up to 120 levels
After a surprising fall, it went up to reach targets and above that. Respected Triangle breakout. Regards

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.