parthi_raju

PCJEWELLER formed Ascending Triangle in 15mins

NSE:PCJEWELLER   PC JEWELLER LIMITE
Buy @140
S/L 137
Targets are 145, 150, 160

Sell @ 134
S/L 138
Targets are 128, 124, 120
Jun 11
Trade closed manually

Comments

It has given some fake breakout on the sell side on Friday..
but it Today it is braked and achieved two targets.
Reply
but beware as ascending triangle breakouts mostly work in an uptrend also only those ascending triangle breakouts work well which breakout at 1/2 or 3/4 th of total pattern length.
Reply
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