NeeteshJain
Long

Orient Bank - Decsending Triangle Breakout (Upside move ahead)

NSE:ORIENTBANK   None
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
Comment: After a surprising fall, it went up to reach targets and above that. Respected Triangle breakout. Regards

Comments

Sir, this is active or not, because of the RBI announcement this share hitted the SL.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out