Rocky_Chow

Going long in Prakash Pipes for the nth time

Long
Rocky_Chow Updated   
NSE:PPL   PRAKASH PIPES LTD
Looks like a promising ascending triangle formation in the hourly charts, break out expected by end of today for target of 210 by 26th May 2022 closing.. stop loss if price closes below the triangle support line...in higher time frame as well stock is consolidating in a rectangle ... however, smaller targets first with smaller SL...market remains highly susceptible to failure in patterns
Trade closed: stop reached

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