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kalyanganguly

Orient Electric - Ascending Triangle

Long
ORIENT ELECTRIC LTD (NSE:ORIENTELEC)  
kalyanganguly  
NSE:ORIENTELEC   ORIENT ELECTRIC LTD
Trend Analysis Chart Patterns Technical Indicators orientelectric
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trendanalysis chartpattern indicator orientelectric
Note: This is for educational purpose only.

There seems to be an ascending triangle formation with spike in volume. RSI at 70 indicates bullish momentum. Moreover, the price seems to be taking dynamic support at 50 EMA.

SL: ₹ 296
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