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swingisking1010

triangle pattern daily timeframe RAILTEL .

Long
RAILTEL CORP OF IND LTD (NSE:RAILTEL)  
swingisking1010  
NSE:RAILTEL   RAILTEL CORP OF IND LTD
Chart Patterns Triangle priceaction 20ma Symmetrical Triangle
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chartpattern triangle priceaction 20ma symmetricaltriangle
Its forming a symmetrical triangle on daily time frame.
For the last month and half its taking support ( demand zone ) at around 126 levels.

ENTRIES:

One can buy at the breakout of trendline ( red in colour ) . STOP LOSS could be 126 levels ( green line ) and trail it with 20 ma.
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