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parthi_raju
Jun 7, 2018 5:37 PM

PCJEWELLER formed Ascending Triangle in 15mins 

PC JEWELLER LTDNSE

Description

Buy @140
S/L 137
Targets are 145, 150, 160

Sell @ 134
S/L 138
Targets are 128, 124, 120

Trade closed manually

Comments
parthi_raju
It has given some fake breakout on the sell side on Friday..
but it Today it is braked and achieved two targets.
shiv0110
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.
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